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FARO Technologies, whose products incluste portable 30 measurement equipment recency had 7
micen chwesountarawy rasu. at $45 a share. Suppose the company announces iss intention to
ralse $220 milion by seling new thwes b. How large a loss in dolar terms will exisang FARO
shareholdors experience on the announcement dace, bated an thetes far ahois losses are 30
oimof the size of the new issue? (Enter your answer in militiond.) enswer to tedimel piece].

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