Problem

Stock Offerings The Newton Company has 30,000 shares of stock that each sell for $40. Supp...

Stock Offerings The Newton Company has 30,000 shares of stock that each sell for $40. Suppose the company issues 8,000 shares of new stock at the following prices: $40, $20, and $10. What is the effect of each of the alternative offering prices on the existing price per share?

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