A company has 400,000 shares outstanding and is planning to issue a futher 100,000 through a rights

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A company has 400,000 shares outstanding and is planning to issue a futher 100,000 through a rights issue.The subscription price is $5.50 and the cum-rights price is $6.50.What is the value of a right?

a.$6.30

b.$5.50

c.$0.90

d.$4.00

e.$0.80

Posted Date: Jun 09, 2024 06:09 AM

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A company has 400,000 shares outstanding and is planning to issue a futher 100,000 through a rights

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