Question Foster Enterprises stock is trading for $43 per share and there are curreny 12 milion shoes outstanding It would like to se 95 millions underarter charges of gross proced a. How many shares must it sel? b. If it expects the stock price to drop by 1% upon arviouncement of the SEO, how many shares should a plan to sol? c. If all of the shares are primary shares and are sold to new investors, what percentage reduction in ownership will all of the existing showholders experience? a. How many shares must it soll? The total number of shares it must sell will be shares (Round to the nearest ger) b. If it expects the stock price to drop by 1% upon announcement of the SEO how many we should plan to sell of the stock price drop by 1%, the total number of shoes it must sell will be shares. Round to the most integer) c. It all of the shares are primary shares and are sold to new inweston, what percentage reduction in ownership will all of the existing shareholders experience? all of the shares are primary shares and are sold to new investors, the writing ownership will drop by C. Round to two decim aces)