You Own 15 Percent or 13,500 Shares of Printers,Etc

Multiple Choice

You own 15 percent or 13,500 shares of Printers,Etc.These shares have a total market value of $435,000.By what percentage will the total value of your investment in this firm change if the company sells an additional 10,000 shares of stock at $30 a share and you do not buy any?

A) -1.37 percent
B) -1.21 percent
C) -0.69 percent
D) 1.03 percent
E) 1.29 percent