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Nemesis, Incorporated, has 168,000 shares of stock outstanding. Each share is worth $80, so the company's market value of equity is $13,440,000. Suppose the firm

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Nemesis, Incorporated, has 168,000 shares of stock outstanding. Each share is worth $80, so the company's market value of equity is $13,440,000. Suppose the firm issues 21,000 new shares at the price of $80, what will the effect be of this offering price on the existing price per share? Suppose the firm issues 21,000 new shares at the price of $75, what will the effect be of this offering price on the existing price per share? Suppose the firm issues 21,000 new shares at the price of $63, what will the effect be of this offering price on the existing price per share

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