Catherine owns 100 shares in Telstra Inc. Telstra has 25 million shares outstanding that are trading at $7.5 each. Telst
Posted: Wed Mar 30, 2022 3:42 pm
Catherine owns 100 shares in Telstra Inc. Telstra has 25 million shares outstanding that are trading at $7.5 each. Telstra has decided to place 4 million shares to a group of hedge funds at $6.5 each. Based only on the information above, the wealth transfer suffered by Catherine due to this private placement is closest to, None of the other answers are correct. $25.25 O $14.55 $22.15 O $13.79