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Brady Company has 65,000 shares of stock that each sell for $37. Suppose the company issues 8,000 shares of new stock at the following prices:
Brady Company has 65,000 shares of stock that each sell for $37. Suppose the company issues 8,000 shares of new stock at the following prices: $37, $23, and $16. What is the effect of each of the alternate offering prices on the existing price per share? Please show how results are calculated.
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