Question: FARO Technologies, whose products include portable 30 measurement equipment, recently had 35 milion shares outstanding trading at $30 a share suppose the company announces tenton
FARO Technologies, whose products include portable 30 measurement equipment, recently had 35 milion shares outstanding trading at $30 a share suppose the company announces tenton to raise $390 million by selling new shares How large a loss in dollar terms will exting FARO shareholders experience on the announcement date, based on studies that show losses we 30% of the site of the new issue (Enter your answer in milions) pede 114 min What percentage of the value of FARO's existing equity prior to the announcement is this expected or loss Round your answer to 1 decimal place) Percentage of a d. At what price should FARO expects existing shares to slimmediately after announcement Do not round me calculations. Round your newer to 2 decimal places tapecide
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