International Energy plc was formed in 1912 with 100,000 shares of equity with a 1 par value.
Question:
International Energy plc was formed in 1912 with 100,000 shares of equity with a £1 par value. Today, the company’s share price is £9 and retained earnings are £213,000. International Energy has just decided that it wishes to issue 25,000 new shares. What will be the total par value, additional paid-in capital and book value per share after the issue?
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Related Book For 
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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