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Kesler Innovations has decided to produce Metal Detecting Sandals. They need $17,000,000 to pursue the project and have decided to use a nights Offering to

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Kesler Innovations has decided to produce Metal Detecting Sandals. They need $17,000,000 to pursue the project and have decided to use a nights Offering to raise the money. Kesler currently has 500,000 shares outstanding at a price of $200.00 per share. The new shares will be priced at $170.00 and 100,000 new shares will be issued. Numbers larger than 1,000, round to the nearest whole number and no commas. Numbers smaller than 1,000, round to two decimals. Round percentages to two decimals and enter as a percent (so, .0438 would be 4.38). Lane Kesler owns 40,000 prior to the rights offering. What is the value of Lane's shares prior to the rights offering? What is Lane's ownership percentage prior to the rights offering? Lane plans on exercising her rights and buying new shares How many new shares can she buy? How much will she spend to buy them? What will the value of her shares be after the rights offering? What will her ownership percentage be after the rights offering? How much will she spend to buy them? What will the value of her shares be after the rights offering? What will her ownership percentage be after the rights offering? Lane has changed her mind. She now plans to keep her existing shares but sell her rights. How much money will she receive from the sale of the rights? What will the value of her shares be after the rights offering? What is her ownership percentage after the rights offering

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