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Avoid using AI tools to generate or assist with your response, as this goes against academic integrity and may lead to downvotes. ( b )

Avoid using AI tools to generate or assist with your response, as this goes against academic integrity and may lead to downvotes. (b) ZLtd. decidesto increase itsexisting share capitalbymakingright issue to itsexistingshareholders.The company is offering2newsharesforevery5existing sharesheldbythe shareholders. Themarketvalueofsharesis 420pershare.Companyisofferingeachshareat245pershare.Calculatethevalueofrightandtheex-rightmarketpriceofashare.

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