Ms. Kraft owns 50,000 shares of the common stock of Copperhead Corporation with a market value of $2 per share, or $100,000 overall. The company is currently financed as follows: Market Value Common stock (8 million shares) $ 16 million Short-term loans $ 2 million Copperhead now announces that it is replacing $1 million of short-term debt with an issue of common stock. a-1. What percent of the firm does Ms. Kraft currently own? (Enter your answer as a percent rounded to 3 decimal places.) a-2. What action can Ms. Kraft take to ensure that she is entitled to exactly the same proportion of profits as before? Complete this sentence:
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Ms. Kraft owns 50,000 shares of the common stock of Copperhead Corporation with a market value of $2...
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