Question: FARO Technologies, whose products include portable 3D measurement equipment, recently had 24 million shares outstanding trading at $35 a share. Suppose the company announces its

FARO Technologies, whose products include portable 3D measurement equipment, recently had 24 million shares outstanding trading at $35 a share. Suppose the company

FARO Technologies, whose products include portable 3D measurement equipment, recently had 24 million shares outstanding trading at $35 a share. Suppose the company announces its intention to raise $270 million by selling new shares. d. At what price should FARO expect its existing shares to sell immediately after the announcement? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Expected price

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