Question: Please show explanations for upvote Question 5 (1 point) A firm has 2,000,000 number of shares outstanding with price per share of $115. If the

Please show explanations for upvote

Question 5 (1 point) A firm has 2,000,000 number of shares outstanding with price per share of $115. If the firm wants to issue new shares in order to finance dividend of 4% based on the current price of the stock, how many number of shares need to be issued? 80,000 O 75,000 83,333 78,850 82,350 Next Page Page 5 of 5

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