shwartz industry is an industrial company with 100 million shares outstanding and a market capitalisation (equity value ) of $4 billion . it has $2 billion of debt outstanding .lanagement have decided to deliver the firm by issing new equity to repay all outstanding debt.

how many new shares must the firm issue?

suppose you are a shareholder holding 100 shares, and you disagree with this decison. assuming a perfect capital market, describe what you can do to undo the effect of this decision