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QUESTION 13 A company's Book Value is $100 million, with 2 million shares outstanding. Its market value is 20% above book value. 2 points each

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QUESTION 13 A company's Book Value is $100 million, with 2 million shares outstanding. Its market value is 20% above book value. 2 points each Suppose the company issues 100 thousand additional shares, which required a decline in price per-share of 8%. Calculate: Q New book value Please show your calculation process to get partial credits. For the toolbar, press ALT+F10 (PC) or ALT+FN+F 10 (Mac) B IV S Paragraph Arial 14px

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