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Hippi sells for 1 0 0 kroner per share on the last day before going ex - right. A few days ago the firm issued

Hippi sells for 100 kroner per share on the last day before going ex-right. A few days ago the firm issued rights to raise new equity. Before the issue Hippi had 4 million shares. After the issue the number of shares is 6 million. The subscription price was 60 kroner. What is the theoretical ex-rights stock price?

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