Remaining Time: 29 minutes, 29 seconds. Less than half of the time remains Question Completion Status: > A Moving to another question will save this response. Question 9 of 20 ) Question 9 10 points Saved John is a shareholder in Motor Plc. He owns 15% of the company's shares and his shareholding is currently worth 168,000. The company has maintained a consistent dividend amount per share of 1.30 for a number of years. The number of shares has remained consistent at 140,000. The proposed dividend for the current year is 209 lower than the normal dividend amount, in order to fund investment in a new project. John is opposed to this change and has suggested that new shares should be issed to fund the Investment and that the current dividend should be maintained. How many shares would the company need to issue to fund the investment if they were to follow John's suggestion? Assume that shares are issued before any dividend is paid, and that the current share price incorporates any expected benefits from the new project. 18,200 shares 22.750 shares 30.333 shares @ 4.550 shares Moving to another question will save this response Question 9 20 Remaining Time: 29 minutes, 29 seconds. Less than half of the time remains Question Completion Status: > A Moving to another question will save this response. Question 9 of 20 ) Question 9 10 points Saved John is a shareholder in Motor Plc. He owns 15% of the company's shares and his shareholding is currently worth 168,000. The company has maintained a consistent dividend amount per share of 1.30 for a number of years. The number of shares has remained consistent at 140,000. The proposed dividend for the current year is 209 lower than the normal dividend amount, in order to fund investment in a new project. John is opposed to this change and has suggested that new shares should be issed to fund the Investment and that the current dividend should be maintained. How many shares would the company need to issue to fund the investment if they were to follow John's suggestion? Assume that shares are issued before any dividend is paid, and that the current share price incorporates any expected benefits from the new project. 18,200 shares 22.750 shares 30.333 shares @ 4.550 shares Moving to another question will save this response Question 9 20