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Gamma corporation would like to rise 160,000,000 via a rights offering. Today Gamma has a price per share of 210, and their outstanding stocks are
Gamma corporation would like to rise 160,000,000 via a rights offering.
Today Gamma has a price per share of 210, and their outstanding stocks are 100,000,000. The company has agreed to go forward with the rights offering entering into an agreement with Capstik investment bank, which will charge a 7% spread. Capstik has fixed the subscription price at a value of 120 per share.
You owe 2.5% of the company, and you decide to sell your rights, how much money can you ask for your rights?
URGENT
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