Question: You are invested in GreenFrame, Inc. The CEO owns 3 % of GreenFrame and is considering an acquisition. If the acquisition destroys $ 54 million

You are invested in GreenFrame, Inc. The CEO owns 3 % of GreenFrame and is considering an acquisition. If the acquisition destroys $ 54 million of GreenFrame's value, but the present value of the CEO's compensation increases by $ 7 million, will he be better or worse off and how much will his wealth have changed?

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