Question
A firm's current share price is 4. It has 50m shares in issue and plans to sell a further 10m shares in a 1 for
A firm's current share price is 4. It has 50m shares in issue and plans to sell a further 10m shares in a 1 for 5 rights issue at a price of 3 per share. What is the ex-rights price? a. 3.83 b. 3.50 c. 3.53 d. 4.83
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Foundations In Personal Finance
Authors: Dave Ramsey
3rd Edition
1936948524, 978-1936948529
