Zinger Corp. is coming to the market with a new offering of 500,000 shares, at $25 to the public. Maxwell will receive $22 per share.
Zinger Corp. is coming to the market with a new offering of 500,000 shares, at $25 to the public. Maxwell will receive $22 per share. The firm has 1 million shares outstanding and earnings of $10 million. What is the amount of dilution in earnings per share?
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Authors: Roger Staiger
2nd Edition
1138046183, 978-1138046184
