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Problem 15-8 Price Dilution [LO3] 2 Nemesis, Inc., has 235,000 shares of stock outstanding. Each share is worth $85, so the company's market value of
Problem 15-8 Price Dilution [LO3] 2 Nemesis, Inc., has 235,000 shares of stock outstanding. Each share is worth $85, so the company's market value of equity is $19,975,000. Suppose the firm issues 56,000 new shares at the following prices: $85, $79, and $73. 01:53:13 What will be the ex-rights price and the effect of each of these alternative offering prices on the existing price per share? (Leave no cells blank; if there is no effect select "No change" from the dropdown and enter "O". Round your answers to 2 decimal places, e.g., 32.16.) Effect Price Ex-Rights Amount per share . b. per share per share
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