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Crocker Technologies plans to raise $200 million via a rights issue with a subscription price of $0.50. The company's shares are current trading at $0.54

Crocker Technologies plans to raise $200 million via a rights issue with a subscription price of $0.50. The company's shares are current trading at $0.54 per share and there are 1.2 billion shares outstanding. How many new shares will be issued under the rights issue, if it is fully subscribed, and what is the value of a right?

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