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help ASAP Prahm Corp. is proposing a rights offering. Presently there are 200,000 shares outstanding at $65 each. There will be 30,000 new shares offered.
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Prahm Corp. is proposing a rights offering. Presently there are 200,000 shares outstanding at $65 each. There will be 30,000 new shares offered. a. What is the maximum possible subscription price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How many rights are associated with one of the new shares? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. If the subscription price is $50 per share, what is the ex-rights price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d.What is the value of a right? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Maximum subscription price $ b. Number of rights needed c. Ex-rights price $ d. Value of a right $ Al AlStep by Step Solution
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