Question: answer correctly asap please:) Caspian Sea Drinks needs to raise $49.00 million by issuing additional shares of stock. If the market estimates CSD will pay

answer correctly asap please:)

Caspian Sea Drinks needs to raise $49.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $1.28 next year, which will grow at 3.53% forever and the cost of equity to be 14.29%, then how many shares of stock must CSD sell? Answer format: Number. Round to: 0 decimal places. Caspian Sea Drinks needs to raise $49.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $1.28 next year, which will grow at 3.53% forever and the cost of equity to be 14.29%, then how many shares of stock must CSD sell? Answer format: Number. Round to: 0 decimal places

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