11. Boulder Corporation currently has 220,000 shares of common stock outstanding with a current market price of ( $ 62.50 ) per share. Boulder wants to sell 45,000 new shares of common stock, | and these new shares can be sold for ( $ 57.50 ) per share. If the investment bankers discount for selling the shares is ( 24 % ), what is the new price per share of Boulders common stock after selling the shares? a. ( $ 62.50 ) b. ( $ 57.50 ) c. ( $ 61.65 ) d. ( $ 54.23 )

11. Boulder Corporation currently has 220,000 shares of common stock outstanding with a current market price of $62.50 per share. Boulder wants to sell 45,000 new shares of common stock, | and these new shares can be sold for $57.50 per share. If the investment bankers discount for selling the shares is 24%, what is the new price per share of Boulders common stock after selling the shares? a. $62.50 b. $57.50 c. $61.65 d. $54.23 e $5931