youworkforKTC,Inc.inthefinancedepartment.youown300sharesinKTC.thataresellingat20pershare.therearecurrently20millionsharesofKTCoutstanding.youjustfoundoutKTCwillpubliclyannounceanewstockoffering.thecostsfromtheofferingwillbe10percentofthenewoffering.thenewofferingwillincreasethenumberofoutstandingshareby40percent.thenewofferingisneededtoraisemoneybecausethefirmwillbeannouncingsomepositiveNPVprojectswhenitannouncesthenewoffering.oncethepublicfindsoutaboutthenewoffering,whatwillbeexpectedimpactonthevalueofyourshareholdings?