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Given that 10 rights are needed to get a new share, what is the subscription price (the price for a new share)? Round Enter your
Given that 10 rights are needed to get a new share, what is the subscription price (the price for a new share)? Round Enter your answer below. 40.00 Correct response: 40 What is the value of a night? Round your answer to 2 decimal places. Enter your answer below. Number Section Attempt 1 of 1 Verify Koira Mfg. is considering a rights offer. The company has determined that the ex-rights price would be $66. The current price is $68.60 per share and there are 7 million shares outstanding. The rights offer would raise a total of $28,000,000 How many rights are required to get a new share? Round your answer to the nearest Integer Enter your answer below. 10 Correct responses 10 Given that 10 rights are needed to get a new share, what is the subscription price (the price for a new sharo)? Round your answer to 2 decimal places Enter your answer below. 40.00 Corect response: 10
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