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27. If the subscription price for a new equity issue is $15, and the eX-rights price of the stock is $20.5, and the old stock

27. If the subscription price for a new equity issue is $15, and the eX-rights price of the stock is $20.5, and the old stock price is $22.5, then the number of rights needed to purchase a new share is: A. 2.0. B. 2.5. C. 2.75. D. 5.5. E. 7.5

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