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Calculate the value of a right for the following company: The firm wishes to raise $7,500,000 at a subscription price of $15 per share $17

Calculate the value of a right for the following company: The firm wishes to raise $7,500,000 at a subscription price of $15 per share $17 current share price 1 million shares outstanding

a. $4/night

b. $1/night

c. $3/night

d. $2/night

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