Business, 01.07.2021 16:50 skatingby8910
Portman has 500,000 shares outstanding, and Judy Davis, an investor, holds 7,500 shares at the current price (computed above). Suppose Portman is considering issuing 62,500 new shares at a price of $27.82 per share. If the new shares are sold to outside investors, by how much will Judy’s investment in Portman Industries be diluted on a per-share basis?
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Portman has 500,000 shares outstanding, and Judy Davis, an investor, holds 7,500 shares at the curre...
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