Question
A company wants to raise $572,000 using a Rights Issue. - Shares are currently trading at $6.12 - Subscription Price is $4.16 - Pexis $0.31
A company wants to raise $572,000 using a Rights Issue.
- Shares are currently trading at $6.12
- Subscription Price is $4.16
- Pexis $0.31
How many shares will be issued ?Round your answer UP to the nearest WHOLE number.
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
5th edition
1111527369, 978-1111527365
