Atlanta Ltd. has 20 million shares on issue with a current market share price of $5 per share. The company raises $15 million by placing 5 million shares at $3 each to a group of financial institutions that previously held no shares in the firm. As a result of this private placement, (a) Old shareholders' voting power remain the same. (b) There is a transfer of wealth from new shareholders to old shareholders. (c) Old shareholders' wealth is expected to drop from $100 million to $92 million (to the nearest million dollars). (d) Both (a) and (c) (e) All of (a), (b), and (c)