20.7 Warminster Toys plc has a total issued share capital of 3 000 000 in 50p shares....
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20.7 Warminster Toys plc has a total issued share capital of £3 000 000 in 50p shares. The company decides to make a rights issue of 1 for 5 at a price of £5.42 per share. To take up the rights the holder of 50 000 shares will have to pay:
a) £27 100
b) £135 500
c) £54 200
d) £271 000.
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