D Question 11 1 pts Stamford currently has 5 million shares outstanding with a market price of $10 each. Stamford is currently considering a new project which will have a positive NPV and will increase the market capitalization of the company. To finance the new project the corporation needs to raise an additional $9 million. Stamford Corporation is very keen to issue rights to its existing shareholders. If the corporation goes for the rights issue, the subscription price will be $9 per share. Assuming the 100% take-up rate, what is the theoretical value of the rights. $9.00 $9.83 $9.00 $0.83 Question 12 1 pts Stamford currently has 5 million shares outstanding with a market price of $10 each. Stamford is currently considering a new project which will have a positive NPV and will increase the market capitalization of the company. To finance the new project the corporation needs to raise an additional $9 million. Stamford Corporation is very keen to issue rights to its existing shareholders. If the corporation goes for the rights issue, the subscription price will be $9 per share. Assuming the 100% take-up rate, what is the share price of ex-rights. $9.83 $0.83 $9.00 $9.50