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You own 5,000 shares of a corporation that has 50,000 shares outstanding. The company has decided to issue a futher 20,000 shares at a price

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You own 5,000 shares of a corporation that has 50,000 shares outstanding. The company has decided to issue a futher 20,000 shares at a price of $35 each, and as given the existing shareholders the right to buy enough to maintain their proportional ownership of the company. How much will it cost you to do so? Numeric Response

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