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A firm has 1000 shareholders, each of whom own $59 in shares. The firm uses $28000 to repurchase shares. What percentage of the firm did
A firm has 1000 shareholders, each of whom own $59 in shares. The firm uses $28000 to repurchase shares. What percentage of the firm did each of the remaining shareholders own before the repurchase, and what percentage does each own now?
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0.1% before; 0.15% after
0.15% before; 0.15% after
0.1% before; 0.1% after
0.1% before; 0.19% after
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