Question: solve ABC Inc. has a the capital structure shown below. ABC Inc, will raise additional capital for new projects this year, in the amount of

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ABC Inc. has a the capital structure shown below. ABC Inc, will raise additional capital for new projects this year, in the amount of $43,540,000. The firm believes, however, that a capital structure with 56.47% debt is ideal. The firm currently has a share price of $36 and believes that it can issue new shares at that price. Assuming they want to change their capital structure to the new target, how many new shares of equity will the firm need to issue

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