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ABC, an unlevered company is issuing rights shares to its shareholders. Consider the following information: Number of right issue (shares) 101,515.0 Subscription price (per share)
ABC, an unlevered company is issuing rights shares to its shareholders.
Consider the following information:
Number of right issue (shares) 101,515.0
Subscription price (per share) 10.0
Exisiting number of shares outstanding 969,408.0
Right-on (before right issue) market value per share 13.0
i. What is market value of the company before right issue?
ii. What is the market value of the company after right issue?
iii. What will be total number of outstanding shares after right issue?
iv. What will be the market value per share after right issue?
v. What is the value of a right?
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