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Honore owns 3 0 0 shares of ABC stock with a current value of $ 2 6 per share. The firm just issued one right
Honore owns shares of ABC stock with a current value of $ per share. The firm just issued one right for each of the shares outstanding. The purchase of a share through the offering requires four rights plus $ Assume Honore decides to sell her rights. All else constant, she will have in cash and stock valued at once the rights offering is completed.
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