FARO lechnologies, whose products include portable 3D measurement equipment, recently had 17 million shares outstanding trading at $35 a share. Suppose the company announces its intention to raise $200 million by selling new shares. 3. How large a loss in dollar terms will existing FARO shareholders experience on the announcement date, based on studies that show losses are 30% of the size of the new issue? Note: Enter your answer in millions without a sign. 3. What percentage of the value of FARO's existing equity prior to the announcement is this expected loss? Note: Round your answer to 1 decimal place. . At what price should FARO expect its existing shares to sell immediately after the announcement