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A company with 1,300,000 shares outstanding that sell for $30 each is considering a rights offering. If 162,500 new shares are offered at $20 each,
A company with 1,300,000 shares outstanding that sell for $30 each is considering a rights offering. If 162,500 new shares are offered at $20 each, how many rights will it take to buy one of the new shares via the rights offering?
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