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Crawford, Inc., has 183,000 shares of stock outstanding. Each share is worth $73, so the company's market value of equity is $13,359,000. Suppose the firm

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Crawford, Inc., has 183,000 shares of stock outstanding. Each share is worth $73, so the company's market value of equity is $13,359,000. Suppose the firm issues 25,000 new shares at the following prices: $73,$70, and $65. What will the effect be of each of these alternative offering prices on the existing price per share? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Leave no cells blank; if there is no effect select "No change" from the dropdown and enter " 0 ".)

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