Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Get immediate and reliable answers to your questions from a community of experienced professionals on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

disturbed corporation needs to raise $61.5 million to fund a new project. the company will sell shares at a price of $24.60 in a general cash offer and the company's underwriters will charge a spread of 6 percent. the direct flotation costs associated with the issue are $950,000 and the indirect costs are $535,000. how many shares need to be sold?