Moving to another question will save this response. Question 1 Question 1 of 10 1 points Save Answer A company decides to spin-off a new company. The terms of the spin off are as follows: receive three shares in the new company for every five shares held in the old company. An investor holds 250000 shares in the old company. How many shares will the position holder receive in the new company? 750 000 416 666 150 000 93 750 Moving to another question will save this response. Question 1 of 10 >>> 3:30 PM 10/2/2021