D. Butler Inc. needs to raise $14 million. Assuming that the
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13-5. (Flotation costs and issue size) D. Butler Inc. needs to raise $14 million. Assuming that the market price of the firm's stock is $95, and flotation costs are 10 percent of the market price, how many shares would have to be issued? What is the dollar size of the issue?
10 years ago
D. Butler Inc. needs to raise $14 million. Assuming that the
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p13-5_d._butler_inc.xls
