SOLUTION: A company is trying to raise capital by selling 2 million shares of stock. What price does it need to receive per share in order to raise at least $70 million"

Question 1158243: A company is trying to raise capital by selling 2
million shares of stock. What price does it need
to receive per share in order to raise at least $70
million"
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
[ 70 million dollars ] / [ 2 million shares ] = [ 70 dollars / 2 shares ]

$35 / share
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