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Lufuego Corporation has issued rights to its shareholders . The stock is selling for $ 26 rights - on and has a subscription price of
Lufuego Corporation has issued rights to its shareholders . The stock is selling for $ 26 rights - on and has a subscription price of $ 20 . The company hopes to raise $1,000,000 to buy a new production facility. All 200.000 shareholders will receive one right each as part of the rights offering . What is the current value of the right ? please answer as soon as possible!!
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