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DEF raised 21,000 in a 2:5 Rights Issue. Pre-rights share capital comprised 60,000 1nv shares, and the post-rights share price was 1.25. Calculate the pre-rights

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DEF raised 21,000 in a 2:5 Rights Issue. Pre-rights share capital comprised 60,000 1nv shares, and the post-rights share price was 1.25. Calculate the pre-rights share price. A) 1.30 B) 1.36 C) 1.40 D) 1.42 [02 marks]

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