2. A firm's share is selling for 130 in the market. It has 50 lakh shares outstanding....
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2. A firm's share is selling for 130 in the market. It has 50 lakh shares outstanding. The firm wants to raise *20 crore capital through rights issue. The subscription price on the new share will be 100 per share. Calculate (i) the number of shares to be sold to raise the required capital and (ii) number of rights needed to purchase one new share?
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