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Consolidated Jewels needs to raise $2.5 million to pay for its Diamonds in the Rough campaign. It will raise the funds by offering 200,000 rights,

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Consolidated Jewels needs to raise $2.5 million to pay for its Diamonds in the Rough campaign. It will raise the funds by offering 200,000 rights, each of which entitles the owner to buy 1 new share. The company currently has 2 million shares outstanding priced at $16 each. a. What must be the subscription price on the rights the company plans to offer? (Round your answer to the nearest cent.) b. What will be the share price after the rights issue? (Round your answer to the nearest cent.) c. What is the value of a right to buy one share? (Round your answer to the nearest cent.) Yalue to buy d. How many rights would be issued to an investor who currently owns 1,000 shares? (Round your answer to the nearest whole value.) e. How is the investor who currently holds 1,000 shares affected by the rights issue? The value of the riahta plua the value of the 1,000 aharea after the rights Iesue the value of the 1,000 sharen before the righte lasue

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