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The Heath Company has 85.000 shares of stock that each sell for $75. Suppose the company issues 7.500 shares of new stock at the following
The Heath Company has 85.000 shares of stock that each sell for $75. Suppose the company issues 7.500 shares of new stock at the following prices: $75. $55, and $45. 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 $75 New shares at $55 New shares at $45
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