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You have 50,000 shares of the common stock of firm ABC with a market value of $2 per share. The company has 8 million shares
You have 50,000 shares of the common stock of firm ABC with a market value of $2 per share. The company has 8 million shares in total. ABC now announces that it is replacing $1 million of short-term debt with an issue of common stock. What can you do to ensure that you are entitled to the same proportion of profits as before?
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