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Claudia Childcare Pty Ltd is considering a rights issue to raise capital for prospective investment. Presently the company has 600,000 shares on issue at $28
Claudia Childcare Pty Ltd is considering a rights issue to raise capital for prospective investment. Presently the company has 600,000 shares on issue at $28 each and they wish to raise $5,000,000, with the rights issue price of $25. a) calculate the new market value of the company b) how many rights will be on issue? c)What is the share to rights ratio? d)What is the ex-rights price per share? e) What is the value of 1 right
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