Solved: Studies show losses are 30of the size of the new issue so, Basic Statistics

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Studies show losses are 30of the size of the new issue so

A company recently had 26 million shares outstanding trading at $45/share. The company announces its intention to raise $290M by selling new shares.

Studies show losses are 30%of the size of the new issue, so how large a loss in dollar terms will existing shareholders experience the day of the announcement?

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Basic Statistics: Studies show losses are 30of the size of the new issue so

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Basic Statistics: Studies show losses are 30of the size of the new issue so

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