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Again Inc. is proposing a rights offering. There are 4 6 8 , 0 0 0 shares outstanding at $ 9 0 each. There will
Again Inc. is proposing a rights offering. There are shares outstanding at $ each. There will be new shares offered at $ each.
a What is the new market value of the company? Omit $ sign in your response.
New market value $
b How many rights are associated with one of the new shares? Round the answer to decimal places.
Number of rights needed
c What is the exrights price? Round the answer to decimal places. Omit $ sign in your response.
Exrights price $
d What is the value of a right? Round the answer to decimal places. Omit $ sign in your response.
Value of a right $
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