Bell Buckle Mfg. is considering a rights offer. The company has determined that the ex rights price
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Bell Buckle Mfg. is considering a rights offer. The company has determined that the ex rights price would be $71. The current price is $76 per share, and there are 29 million shares outstanding. The rights offer would raise a total of $95 million. What is the subscription price?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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