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Maxwell corp is coming to the market witha new offering of

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Maxwell Corp. is coming to the market witha new offering of 450,000 shares of stock at $22 to the public. Maxwell will receive $19 per share. the firmhas 1 million shares outstanding and earnings of $6 million. What is the Amount of dilution in earnings per share? A $1.86 B $1.38 C$1.77 D No dilution in earnings per share?

Reference no: EM13611706

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