Question
FMCG firm issued new equity of worth SAR 300 million which caused its stock price to drop by 4%. Calculate the total loss in market
FMCG firm issued new equity of worth SAR 300 million which caused its stock price to drop by 4%. Calculate the total loss in market value of the firm's equity if it was $2 billion before the new issue:
| $7.5 million | ||
| $30.0 million | ||
| $80.0 million | ||
| $37.5 million |
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National Finance A Chinese Perspective
Authors: Yunxian Chen, Heming Yong
1st Edition
9813360917, 978-9813360914
