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8. Stock Offerings The Heath Company has 62,000 shares of stock that each sells for $45. Suppose the company issues 9,000 shares of new stock

8. Stock Offerings The Heath Company has 62,000 shares of stock that each sells for $45. Suppose the company issues 9,000 shares of new stock at the following prices: $45, $25, and $15. What is the effect of each of the alternative offering prices on the existing price per share?

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