Justine owns 5% of a corporation's shares. If that corporation had 3
million shares in circulation but is going to sell 1 million new shares to
raise money to finance a new operation, what percent of the corporation
will Justine own? (1 point)
O 3.75%
O 4%
O 5%
O 7.5%

Question

03-10-2022
Mathematics

Answered

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Justine owns 5% of a corporation's shares. If that corporation had 3
million shares in circulation but is going to sell 1 million new shares to
raise money to finance a new operation, what percent of the corporation
will Justine own? (1 point)
O 3.75%
O 4%
O 5%
O 7.5%

Sagot :

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Justine owns 5% of a corporation's shares. If that corporation had 3 million shares in circulation but is going to sell 1 million new shares to raise money to finance a new operation, what percent of the corporation will Justine own? (1 point) O 3.75% O 4% O 5% O 7.5%

Sagot :

Other Questions

Justine owns 5% of a corporation's shares. If that corporation had 3
million shares in circulation but is going to sell 1 million new shares to
raise money to finance a new operation, what percent of the corporation
will Justine own? (1 point)
O 3.75%
O 4%
O 5%
O 7.5%