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The Newton Company has 120,000 shares of stock that each sell for $65. Suppose the company...

The Newton Company has 120,000 shares of stock that each sell for $65. Suppose the company issues 9,000 shares of new stock at the following prices: $65, $50, and $45.

  

What is the effect of each of the alternative offering prices on the existing price per share? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

  

Share price
  New shares at $65 $   
  New shares at $50 $   
  New shares at $45 $   

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jeff jeffy answered 3 years ago
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