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Please help and highlight the answer The Big Burger Co. has 225,000 shares of stock outstanding at a market price of $45. If the firm
Please help and highlight the answer
The Big Burger Co. has 225,000 shares of stock outstanding at a market price of $45. If the firm issues another 25,000 shares at a price of $40, what will happen to the market price of the stock? Select one: A. Decrease by 3%. B. Decrease by 1%. C. Decrease by 10%. D. Decrease by 11%. E. Decrease by 12.5%. Jinny's Ice Cream is considering opening a new outlet for a period of three years. The up-front costs are $288,000. The outlet is expected to earn net income of $31,500 a year. What is the expected average accounting rate of return on this venture? Select one: A. 14.93% B. 38.76% C. 21.88% D. 31.25% E. 43.75%Step by Step Solution
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