Question: Ch3-IntegrativeProblem (1) -Compatibility Mode View Help Tell me what you want to do Review Simple Markup Show Markup Previous elete Previous NextShow X Next Track

Ch3-IntegrativeProblem (1) -Compatibility Mode View Help Tell me what you want to do Review Simple Markup Show Markup Previous elete Previous NextShow X Next Track Comments Changes. Reviewing Pane ccept Reject Compare Block Re Authors Ec Protect Comments Tracking Changes Compare g. Kamp fire estimates that it needs $25 million to support its expected growth. The underwriting fees charged by the investment banking firm for which you work are 9.7%for such issue sizes. In addition, it is estimated that Kamp fire will incur $245,000 in other expenses related to the IPO. If your analysis indi- cates that Kamp fire's stock can be sold for $8.20 per share, how many shares must be issued to net the company the $25 million it needs? Integrative Problem 3-2

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