Solution-What will be the size of oracle stock offering

What will be the size of oracle stock offering

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Oracle Corp is planning to issue stock to finance a new operations facility, the projected cost of the facility is $185 million, additional flotation costs are $1,000,000 and the underwriter's fee is 7%.

a. What will be the size of Oracle's stock offering?

b. How many shares of stock will Oracle issue if the stock sells for $80 per share?

Reference no: EM132348666

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What will be the size of oracle stock offering

Reference no: EM132348666

Reference no: EM132348666

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