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Again Inc. is proposing a rights offering. There are 459,000 shares outstanding at $90 each. There will be 85,000 new shares offered at $84 each.
Again Inc. is proposing a rights offering. There are 459,000 shares outstanding at $90 each. There will be 85,000 new shares offered at $84 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 2 decimal places.) Number of rights needed c. What is the ex-rights price? (Round the answer to 2 decimal places. Omit $ sign in your response.) Ex-rights price $ d. What is the value of a right? (Round the answer to 2 decimal places. Omit \$ sign in your response.) Value of a right $ e. This part of the question is not part of your Connect assignment
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