You own 12 percent or 15000 shares of printers ink stock, Financial Management

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You own 12 percent or 15000 shares of printers ink stock

You own 12 percent, or 15,000 shares, of Printers Ink stock that has a total market value of $678,300. By what percentage will the total value of your investment in this firm change if the company sells an additional 12,500 shares of stock at $43.50 a share and you do not buy any? A -.03 percent -.29 percent -.21 percent -.08 percent -.35 perce PLEASE DO NOT ATTEMPT this if your answer is different than one of the choices provided.

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Financial Management: You own 12 percent or 15000 shares of printers ink stock

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