NGPF Activity Bank - Dorchester School District Two / …
The market value of Strom’s equity will increase immediately after the announcement to $5,500,000 (= $5,000,000 + $500,000). Since Strom has 250,000 shares of common stock outstanding and the market value of the firm’s equity is $5,500,000, Strom’s new stock price will immediately … ................
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