The Educated Horses Corporation needs to raise $35 million to finance its expansion into new markets....
|
The Educated Horses Corporation needs to raise $35 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. If the offer price is $35 per share and the company's underwriters charge a 11 percent spread, how many shares need to be sold? |
1,000,000
1,123,596
1,168,539
900,901
1,078,652
Homework Answers
Add Answer to:
The Educated Horses Corporation needs to raise $35 million to
finance its expansion into new markets....
The Educated Horses Corporation needs to raise $40 million to finance its expansion into new markets....
The Educated Horses Corporation needs to raise $40 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $30 per share and the company's underwriters charge an 8 percent spread. If the SEC filing fee and associated administrative expenses of the offering are $1,080,000, how many shares need to be sold? (Do not round your intermediate calculations.) O 1,488,406 O...
The Sullivan Company needs to raise $66.4 million to finance its expansion into new markets. The...
The Sullivan Company needs to raise $66.4 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $64 per share and the company's underwriters charge a spread of 9 percent. How many shares need to be sold?
The Sullivan Co. needs to raise $65.8 million to finance its expansion into new markets. The...
The Sullivan Co. needs to raise $65.8 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $58 per share and the company's underwriters charge a spread of 8 percent. How many shares need to be sold?
The Scandrick Corporation needs to raise $73 million to finance its expansion into new markets. The...
The Scandrick Corporation needs to raise $73 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. If the offer price is $70 per share and the company's underwriters charge a spread of 8 percent, how many shares need to be sold? (Do not round Intermediate calculations and enter your answers in shares, not millions of shares, rounded to the nearest whole number, e.g.,...
The Scandrick Corporation needs to raise $80 million to finance its expansion into new markets. The...
The Scandrick Corporation needs to raise $80 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $35 per share and the company’s underwriters charge a spread of 5 percent. If the SEC filing fee and associated administrative expenses of the offering are $600,000, how many shares need to be sold? (Do not round intermediate calculations and enter your answer...
The Elkmont Corporation needs to raise $63.8 million to finance its expansion into new markets. The...
The Elkmont Corporation needs to raise $63.8 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $22 per share and the company's underwriters charge a spread of 7.5 percent. How many shares need to be sold?(Do not round intermediate calculations and enter your answer in dollars, not millions, rounded to the nearest whole number, e.g., 1,234,567.) Number of shares...
The Scandrick Corporation needs to raise $66 million to finance its expansion into new markets. The...
The Scandrick Corporation needs to raise $66 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $65 per share and the company's underwriters charge a spread of 6 percent. If the SEC filing fee and associated administrative expenses of the offering are $925,000, how many shares need to be sold? (Do not round Intermediate calculations and enter your answer...
The Scandrick Corporation needs to raise $52 million to finance its expansion into new markets. The...
The Scandrick Corporation needs to raise $52 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $45 per share and the company's underwriters charge a spread of 7 percent. If the SEC filing fee and associated administrative expenses of the offering are $650,000, how many sharess need to be sold? (Do not round intermediate calculations and enter your answer...
The Elkmont Corporation needs to raise $63.8 million to finance its expansion into new markets. The...
The Elkmont Corporation needs to raise $63.8 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $22 per share and the company's underwriters charge a spread of 7.5 percent. The SEC filing fee and associated administrative expenses of the offering are $1,450,000. How many shares need to be sold? (Do not round intermediate calculations and enter your answer in...
The St. Anger Corporation needs to raise $66 million to finance its expansion into new markets....
The St. Anger Corporation needs to raise $66 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. If the offer price is $65 per share and the company's underwriters charge a spread of 6 percent, how many shares need to be sold? (Enter your answer in shares, not millions of shares, e.g., 1,234,567. Do not round intermediate calculations and round your answer to...
The Educated Horses Corporation needs to raise $40 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $30 per share and the company's underwriters charge an 8 percent spread. If the SEC filing fee and associated administrative expenses of the offering are $1,080,000, how many shares need to be sold? (Do not round your intermediate calculations.) O 1,488,406 O...
The Scandrick Corporation needs to raise $73 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. If the offer price is $70 per share and the company's underwriters charge a spread of 8 percent, how many shares need to be sold? (Do not round Intermediate calculations and enter your answers in shares, not millions of shares, rounded to the nearest whole number, e.g.,...
The Elkmont Corporation needs to raise $63.8 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $22 per share and the company's underwriters charge a spread of 7.5 percent. How many shares need to be sold?(Do not round intermediate calculations and enter your answer in dollars, not millions, rounded to the nearest whole number, e.g., 1,234,567.) Number of shares...
The Scandrick Corporation needs to raise $66 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $65 per share and the company's underwriters charge a spread of 6 percent. If the SEC filing fee and associated administrative expenses of the offering are $925,000, how many shares need to be sold? (Do not round Intermediate calculations and enter your answer...
The Scandrick Corporation needs to raise $52 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $45 per share and the company's underwriters charge a spread of 7 percent. If the SEC filing fee and associated administrative expenses of the offering are $650,000, how many sharess need to be sold? (Do not round intermediate calculations and enter your answer...
The Elkmont Corporation needs to raise $63.8 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $22 per share and the company's underwriters charge a spread of 7.5 percent. The SEC filing fee and associated administrative expenses of the offering are $1,450,000. How many shares need to be sold? (Do not round intermediate calculations and enter your answer in...
The St. Anger Corporation needs to raise $66 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. If the offer price is $65 per share and the company's underwriters charge a spread of 6 percent, how many shares need to be sold? (Enter your answer in shares, not millions of shares, e.g., 1,234,567. Do not round intermediate calculations and round your answer to...
Most questions answered within 3 hours.
-
A student performed an experiment using the same setup as the
one used in the lab...
asked 2 minutes ago -
predict the major product of nitration of bromobenzene, followed by
SnCl2 reduction
asked 11 minutes ago -
A standing wave with five antinodes is excited in a string of
length 2.5 m where...
asked 5 minutes ago -
An apnea monitor for adults consists of a flexible coil that
wraps around the chest, When...
asked 5 minutes ago -
Suppose the method of tree ring dating gave the following dates
A.D. for an archaeological excavation...
asked 35 minutes ago -
Network security
1. explain succinctly how a Denial of Service attack may occur
on an implementation...
asked 25 minutes ago -
Name two of the basic guidelines for business dress that women
should follow in cultures other...
asked 26 minutes ago -
How can organizations create value by implementing an advanced
information system solution paired with the appropriate...
asked 28 minutes ago -
You are designing a wastewater treatment system using a
constructed wetland. The inputs will be high...
asked 30 minutes ago -
A 43kg teen grabs onto a rope swing. The length of rope between
the teen and...
asked 38 minutes ago -
In a certain oscillating LC circuit, the total energy
is converted from electrical energy in the...
asked 41 minutes ago -
JAVA - OOP inheritance help please
I have a question,
I have 4 classes.
College, course,...
asked 41 minutes ago