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1 6 . National Power currently has a stock price of $ 2 0 per share, with 1 million shares outstanding. It wants to raise

16. National Power currently has a stock price of $20 per share, with 1 million shares outstanding. It wants to raise $5 million of new equity in rights offering. With a subscription price of $20, what is the value of one right? DA.3.33B.1.67C.6.66D.0

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