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Satellite Inc. requires $300,000,000 to fund two new long haul Mars bound spacecraft. As part of this requirement, the CEO and CFO have been considering

Satellite Inc. requires $300,000,000 to fund two new long haul Mars bound spacecraft. As part of this requirement, the CEO and CFO have been considering the issuance of common shares into the marketplace. They have been advised that they can expect to raise the required equity portion of 86% of the project by issuing shares. To accomplish this they will have to agree to a 9.0% commission on shares sold by the Underwriters. As well, the new shares will need to be issued at a $1.80 discount from the current market price. Current investors are not happy as they claim this issuance of shares is dilutive to their current position. You have

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