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Use the information for the question(s) below.
Kinston Enterprises has no debt and a debt obligation of $47 million that is due now.The market value of Kinston's assets is $102 million,and the firm has no other liabilities.Assume that capital markets are perfect and that Kinston has 5 million shares outstanding.
-The number of new shares that Kinston must issue to raise the capital needed to pay its debt obligation is closest to:

Differentiate between persuasive direct requests and persuasive problem-solving strategies.
Identify the key elements that should be included in the action close of a fund-raising message.
Develop effective opening strategies for presentations aimed at fund-raising.
Understand the impact of the digital era on adolescents and distinguish between digital native and non-native generations.

Definitions:

In Living Color

A groundbreaking American sketch comedy television series that aired in the early 1990s, known for its diverse cast and culturally relevant themes.

Fair Competition

A condition in the marketplace where businesses operate on a level playing field, with regulations in place to ensure no undue advantages exist.

Justice Department

A United States executive branch department tasked with upholding the law and managing the justice system.

Marketplace

A context or venue where goods and services are exchanged. In film, it can refer to both the physical and digital platforms where films are distributed and sold.

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