correct anwser is?

A business owner is considering using equity financing to pay for operating expenses but is concerned about reducing her ownership stake in the business. The business currently has issued 500 shares, of which the business owner holds 300. If she plans on issuing 100 new shares to finance operating expenses, how much is her ownership stake decreased by?(1 point)
Responses

50%

16.67%

10%

6.67%