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Price Dilution - Damron Inc. Need excel solution please 8. Price Dilution [103] Damron, Inc., has 250,000 shares of stock outstanding. Each share is worth

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Price Dilution - Damron Inc. Need excel solution please

8. Price Dilution [103] Damron, Inc., has 250,000 shares of stock outstanding. Each share is worth $81, so the company's market value of equity is $20,250,000. Suppose the firm issues 40,000 new shares at the following prices: $81, $76, and $68. What effect will each of these alternative offering prices have on the existing price per share

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