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A person has 5.000 of the 500.000 toto stock shares of XYZ company. The company has just announced a rights offering for which 55.000 new

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A person has 5.000 of the 500.000 toto stock shares of XYZ company. The company has just announced a rights offering for which 55.000 new there are being offered at a subscription orice of 512 per share. The current stock price is $16 per share. Assume this person sent her rights and that all rights are exercised what percentage of the form will she own after the rights offering Multiple Choice 0. 16 O 0799

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