Intenso plc is in the process of making a rights issue. The company presently has 3m shares in issue. The current market price is 400p per share. The terms of the issue give each shareholder the right to buy one new share for every six previously held. Each new share will cost 340p. (a) Calculate the theoretical share price after the rights issue; (b) Explain why the actual price might vary from that calculated in (a). (2 Marks) (3 Marks)