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ABC Inc. is proposing a rights offering. Presently, there are 660,000 shares outstanding at $89 each. There will be 95,000 new shares offered at $82

ABC Inc. is proposing a rights offering. Presently, there are 660,000 shares outstanding at $89 each. There will be 95,000 new shares offered at $82 each. What is the ex-rights price? Group of answer choices $88.12 $89.00 $81.00 $86.20

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