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milne mfg is considering a rights offer. The company has determined that the ex-rights price would be $83. The current price is $89 per share,

milne mfg is considering a rights offer. The company has determined that the ex-rights price would be $83. The current price is $89 per share, and there are 24 million shares outstanding. The rights offer would raise a total of $50 million. What is the subscription price? Please answer and explain how you solved for N and Ps

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