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407 mark) The Abel Diagnostics Corporation has four million shares outstanding. The stock sells for $50 per share. To raise $40 million for a new

407 mark) The Abel Diagnostics Corporation has four million shares outstanding. The stock sells for $50 per share. To raise $40 million for a new testing reagent development project, the firm is considering a rights offering at 120 per sha What the ex-rights stock price? $10.00 58.18 $30.00 a $40.00

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