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Delovely Productions Limited wants to raise $ 4 2 million for shows. A rights offering will be used to raise the necessary capital from existing
Delovely Productions Limited wants to raise $ million for shows. A rights offering will be used to raise the necessary capital from existing shareholders. Each of the six million shareholders will receive one right. The subscription price is $ per share, and the market price of the existing shares is currently $
Calculate the value of a right at the present time.
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