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HELP Nemesis, Inc., has 270,000 shares of stock outstanding. Each share is worth $92, so the company's market value of equity is $24,840,000. Suppose the
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Nemesis, Inc., has 270,000 shares of stock outstanding. Each share is worth $92, so the company's market value of equity is $24,840,000. Suppose the firm issues 70,000 new shares at the following prices: $92, $86, and $80. What will be the ex-rights price and the effect of each of these alternative offering prices on the existing price per share? (Leave no cells blank; if there is no effect select "No change" from the dropdown and enter "O". Round your answers to 2 decimal places e.g.32.16.) Price Ex-RightsEffect Amount a. b. C. per share per share per shareStep by Step Solution
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