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ABC Corporation's monthly share prices are listed below together with a description of the rights issue occurring during the month which affect the market price
ABC Corporation's monthly share prices are listed below together with a description of the rights issue occurring during the month which affect the market price of the company's shares. Closing market ex price Event Start of the month $5.00 $5.20 End of the month 1 for 2 rights issue at a subscription price of $3 What is the one-month holding period return for the investor who bought a share at the beginning of the month? 26% 22% O 14% O 18%
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