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Basic at $ 6 5 each. 1 1 . Rights Offerings ( L 0 4 ) Berczy Inc. is proposing a rights offering. Currently there

Basic at $65 each. 11. Rights Offerings (L04) Berczy Inc. is proposing a rights offering. Currently there are 400,000 shares outstanding at $73 each. There will be 50.000 new shares offered What is the new market value of the company? How many rights are associated with one of the new shares? Why might a company have a rights offering rather than a general cash offer? What is the ex-rights price? What is the value of a right? c (TO) The

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