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What will the effect be of each of these alternative

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Raggio, Inc has 100,00 shares of stock outstanding. Each share is worth $80, so the company's market value of equity is $8,00,000. Suppose the firm issues 20,000 new shares at the following prices: $80, $75, and $65. What will the effect be of each of these alternative offering prices on the existing price per share?

Reference no: EM13300153

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