Highlander Homes stock trades at $33 per share and there are 50 million shares outstanding. The management would like to raise $200 million in an? SEO, and current investors would like to sell $100 million of their own stock. If the underwriter charges 6?% of gross? proceeds, how many shares must it sell in the total? (primary and? secondary) offering?
A. 9.67 million
B. 7.74 million
C. 7.25 million
D. 9.19 million