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Bell Hill Mig. is considering a rights offer. The company has determined that the ex - rights price would be $ 6 0 . The
Bell Hill Mig. is considering a rights offer. The company has determined that the exrights price would be $ The current price is $ per share, and there are million shares outstanding. The rights offer would raise a total of $ million.
What is the subscription price? Do not round intermediate calculations and round your answer to decimal places, eg
tableSubscription price,
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