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Portman has 1,000,000 shares outstanding, and Judy Davis, an investor, holds 15,000 shares at the...

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Finance

Portman has 1,000,000 shares outstanding, and Judy Davis, an investor, holds 15,000 shares at the current price (computed above). Suppose Portman is considering issuing 125,000 new shares at a price of $18.20 per share. If the new shares are sold to outside investors, by how much will Judys investment in Portman Industries be diluted on a per-share basis? $0.31 per share $0.76 per share $0.44 per share $0.36 per share Thus, Judys investment will be diluted, and Judy will

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