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Memphic Memphic
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6 years ago
Assume that EGI decides to raise the $100 million through the issuance of new shares prior to the release of the new video game.  The number of new shares that EGI will issue is closest to:
A) 5.0 million
B) 6.25 million
C) 10 million
D) 1.6 million
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
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wrote...
6 years ago
B
Explanation:  B) shares =   = 6,250,000 new shares
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