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Chester's current book value is $34.61. If the company issued $10 million of their outstanding stock at last year's stock price, what would be the

Chester's current book value is $34.61. If the company issued $10 million of their outstanding stock at last year's stock price, what would be the new book value? (Assume everything else remains constant.)image text in transcribed
Stocks & Bonds INQUIRER Noaman Patel December 31,20 Stock Market Summary Company Andrews Baldwin Chester Digby Close $13.21 $37.37 $44.67 $180.09 Change Shares ($45.88) 2.072.226 $13.12 3.276.900 $11.68 3,205.897 $71.641,885.781 MarketCap Book Value ($M) Per Share $27 $41.76 $122 $25.18 $143 $34.81 $357 S81.38 EPS ($4.56) $2.90 $3.15 26.45 Dividend $0.00 $2.84 $0.00 $17.48 Yield 0.0% 7.696 0.0% 9.2% Closing Stock Price # Andrews Baldwin Chester Digby 2015 2016 2017 2018 2019 2020 2021 2022 2023

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