If DLL decides to issue ordinary shares, it is expected to pay a constant dividend of $1 at the end of each year for five years (dividend of $1 starts in year 1), after which the dividend is expected to increase at a rate of 10% every year (i.e. the dividend is expected to be $1.10 in year 6). The required return on equity is 12%. How many ordinary shares would DLL have to issue to rraise $10 million for a new investment?