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Given a 2 for 15 rights issue, a current market price of $13.50 and subscription price of $12, what is the theoretical rights price? A.

Given a 2 for 15 rights issue, a current market price of $13.50 and subscription price of $12, what is the theoretical rights price? A. $1.32 B. $2.36 C. $3.80 D. $2.78

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