Question: Problem #4 (4 marks) Hawthorne Corp will sell new common shares via a general cash offering to secure funding for their $24 million expansion project.

$Problem \#4 (4 marks) Hawthorne Corp will sell new common shares$

Problem \#4 (4 marks) Hawthorne Corp will sell new common shares via a general cash offering to secure funding for their $24 million expansion project. If the offer price is $12.75 per share and the company's underwriters charge a 6% spread, how many shares need to be sold

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