Econnect Spring 2019 Corpor FINANCIE 15 Question 3 (of 10) value 040 points When a firm announces an upcoming seasoned stock offering, the market price of tends to seasoned stock offering the market price of the firms existing shares O Increase O Decresse momentanly and then immediately increase sulbstantially within an hour following the onnouncement O Decrease O Remain constant O Respona, but the direction of the resoonse is not predictable as shown by pest studhes References Multiple Choice Learning Objective 15-02 How securites aro sold to the pubeand the role of investment banks th Officulty Basic SoctonIS06 Nrw Equity Sies and the Vali-o! LLE