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Electronic Gaming Incorporated (EGI) is a firm with no debt and its 20 million shares are currently trading for $16 per share.Based on the prospects for EGI's new handheld video game,management feels the true value of the firm is $20 per share.Management believes that the share price will reflect this higher value after the video game is released next fall.EGI has already announced plans to raise $100 million from investors to build a new factory.
-Assume that EGI decides to wait until after the release of the new video game before they raise the $100 million through the issuance of new shares.The number of new shares that EGI will issue is closest to:
Family of Procreation
A family unit created by an individual, often through marriage and having children, distinguishing it from the family of origin.
Family of Orientation
Refers to the family into which a person is born and raised, including parents and siblings, influencing an individual's early socialization and values.
Social Reproduction
The process by which societal norms and inequalities are passed down from one generation to the next, maintaining the social structure.
Marxist
Pertaining to the theories and practices derived from the works of Karl Marx, focusing on the struggle between classes and the economic factors influencing society.
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