Caspian Sea Drinks needs to raise $50.00 million by issuing additional shares of stock. If...
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Caspian Sea Drinks needs to raise $50.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $1.39 next year, which will grow at 4.68% forever and the cost of equity to be 13.38%, then how many shares of stock must CSD sell? Submit Answer format: Number: Round to: 0 decimal places
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