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The Heath Company has 150,000 shares of stock that each sell for $45. Suppose the company issues 10,500 shares of new stock at the following
The Heath Company has 150,000 shares of stock that each sell for $45. Suppose the company issues 10,500 shares of new stock at the following prices: $4 What is the effect of each of the alternative offering prices on the existing price per share? (Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) New shares at $45 New shares at $30 New shares at $25
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