Shanos Inc. would like to finance an experimental cost - saving procedure by issuing new common stock.
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Question:
Shanos Inc. would like to finance an experimental costsaving procedure by issuing new common stock. The corporations existing common stock currently sells for $ Management believes that they can issue new common stock at this price, incurring flotation costs of of the current market price. What is the stocks net market price net proceeds Submit your answer as a dollar amount and round your answer to two decimal places Ex $
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