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Financial Statements for Royal Corporation Actual 2013 and Pro Forma 2014 & Please refer to the pro forma financial statements for Royal Corporation above. If

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Financial Statements for Royal Corporation Actual 2013 and Pro Forma 2014 \& Please refer to the pro forma financial statements for Royal Corporation above. If Royal Corporation plans to issue $187 in new equity in 2014, what should be the projection for shareholders' equity for 2014 ? $5.436 $5.536 $5,451 $5,349

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