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2 Konsonma & Co currently has 3 million shares outstanding. The stocks sell i are. To raise 2000 million cedis for a new site, they
2 Konsonma & Co currently has 3 million shares outstanding. The stocks sell i are. To raise 2000 million cedis for a new site, they are considering a right dis per share. How many new shares will they sell? What is the value of the firm after the right issue? What is the ex-rights price? What is the value of a right? If you owe 1,000 shares of this company and are willing to all exerc how many new shares will you buy? What is your total investment (old and new shares) in Konsonma
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