Magenta Corporation wants to raise $50.5 million in a seasoned equity offering, net of all fees. Magenta stock currently sells for $10 per share. The underwriters will require a spread of $0.5 per share, and indicate that the issue must be underpriced by 4 percent. In addition to the underwriter’s fee, the firm will incur $1,500,000 in legal, accounting, and other costs. How many shares must Magenta sell?

explanation:

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answer; ///i believe the best answer is (d) replace negative self talk with positive self-talk;

the u.s. census bureau produces data on the population and economy nationwide. it can you to analyze the kind of people living in your neighborhood. it does not show you the market of people willing to buy your product or an existing market for your product. that will require more market research. the census bureau only gives you an insight to the demographics in your area.

answer; common market;