Question: Chester's current book value is $ 3 7 . 2 9 . If the company issued $ 1 0 million of their outstanding stock at

Chester's current book value is $37.29. If the company issued $10 million of their outstanding stock at last year's stock price, what would be the new book value? (Assume everything else remains constant.)
Select : 1
A. $39.98
B. $45.61
C. $34.99
D. $37.29

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