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a rights issue offers the firms shareholders one new share of stock at $40 for every three shares of stock they currently own. what should

a rights issue offers the firms shareholders one new share of stock at $40 for every three shares of stock they currently own. what should be the stock price after the rights issue if the stock sells for $80 per share before the issue? a.$56.67 b. $60 c. $70 d. $71.33

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