You own 10 percent or 12000 shares of microprocessors inc, Financial Management

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You own 10 percent or 12000 shares of microprocessors inc

Question

You own 10 percent or 12,000 shares of Microprocessors, Inc. These shares have a total market value of $300,000.

By what percentage will the total value of your investment in Microprocessors change if the company sells an additional 25,000 shares of stock at $15 a share and you do not buy any?

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Financial Management: You own 10 percent or 12000 shares of microprocessors inc

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Financial Management: You own 10 percent or 12000 shares of microprocessors inc

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