Highlander Homes shares trade at $35 per share and there are 5 450 million shares outstanding. The management would like to raise $250 million in an SEO. If the underwriter charges 5% of gross proceeds, and all the shares are primary shares sold to new investors, what percentage of the company will be owned by the new investors?

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The Answer of Highlander Homes shares trade at $35 per share and there are 5 450 million shares outstanding. The management would like to raise $250 million in an SEO. If the underwriter charges 5% of gross proceeds, and all the shares are primary shares sold to new investors, what percentage of the company will be owned by the new investors?

Highlander Homes Shares Trade at $35 Per Share and There