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What will be the size of cisco stock offering

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Reference no: EM132979343

Problem - CS LIOTI Cisco is planning to issue stock to finance a new operations facility, the projected cost of the facility is $540 million, additional flotation costs are $12 million and the underwriter's fee is 8%. What will be the size of Cisco's stock offering? How many shares of stock will Cisco issue if the stock sells for $40 per share?

Reference no: EM132979343

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