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Rabbitz Punch Soda Co. has 8 million shares outstanding priced at $52.33 per share. The firm plans on adding $104,660,000 in market value with an

Rabbitz Punch Soda Co. has 8 million shares outstanding priced at $52.33 per share. The firm plans on adding $104,660,000 in market value with an equity issue of 2 million additional shares. How will the equity issue dilute the stock price (if at all)?

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