Evaluate the number of shares offered

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The Zuri Co. needs to raise $66.2 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds.

The offer price is $62 per share and the company's underwriters charge a spread of 8 percent.

The SEC filing fee and associated administrative expenses of the offering are $462,000. Number of shares offered

Reference no: EM132064916

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