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Aims Co shares are trading for $24. The company currently has outstanding rights offer. The rights are selling for $2. An investor needs to

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Aims Co shares are trading for $24. The company currently has outstanding rights offer. The rights are selling for $2. An investor needs to have 5 rights to buy into the rights offering. What is the subscription price of the rights offer? O a. $24.00 O b. $19.50 c. $17.60 O d. $14.70 O e. $12.00

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