Question
Kenobi Inc. is proposing a rights offering. Presently there are 525,000 shares outstanding at $84 each. There will be 75,000 new shares offered at $51
Kenobi Inc. is proposing a rights offering. Presently there are 525,000 shares outstanding at $84 each. There will be 75,000 new shares offered at $51 each.
What is the market value of the company after the offering is complete?
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Personal Finance
Authors: McGraw Hill
Student Edition
0078958393, 978-0078958397
