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4) The current market price of a company's shares is $10. The company is planning to make a 1 for 10 rights issue at a

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4) The current market price of a company's shares is $10. The company is planning to make a 1 for 10 rights issue at a subscription price of $8. You hold 100 shares at the time the rights issue is to be made. What will the ex-rights share price be? A) $9.46. B) $8.00. C) $9.82. D) $8.80

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