Hilly diluted shares are shares after a major new stock issue. If there are ten milion shares outstanding and five million new stars are issued the forestais diluted to two thirds of their previous value in the money wand U Question 7 1.6 pts 7. Schimidiap Corp. had 1.000.000 shares outstanding. The share price is 570. Management was granted options on 200,000 shares with a strike price of $10. What are fully diluted shares outstanding? 1.200,000 0 2400,000 O 1392765 O 1171429 Question 8 1.6 pts 8. Alice Co has 2.000.000 Shares outstanding its stock price is $40. It has $2,000,000 of Convertible Preferred Stock convertible to common shares at the rate of 100 shares per 1000 of face value. What are their fully diluted shares? 2000.000 200.000 250.000 2 200.000