1)You own 5 % or 4,000 shares of Tonka, Inc. These shares have a total market value of $92,000. By what percentage will the total value of your investment in Tonka change if the company sells an additional 10,000 shares of stock at $21 a share and you do not buy any? A. -.96 % B. -.94 % C. -.92 % D. .00 % E. .02 % 120.

2)You own 8 % or 36,000 shares of Selma, Inc. Your shares have a total market value of $846,000. By what percentage will the total value of your investment in Selma change if the company sells an additional 50,000 shares of stock at $20 a share and you do not buy any? A. -.35 % B. -.48 % C. -.93 % D. -1.38 % E. -1.49 %