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Calculate the number of rights to buy one share, given the following information: $3 per value of each right; subscription price of $9; $20 common

Calculate the number of rights to buy one share, given the following information: $3 per value of each right; subscription price of $9; $20 common share price during the rights-on period. A) 2.70 B) 2.50 C) 3.10 D) 2.90 E) 2.30

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