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Mountain Products is currently selling for $25.20 per share. The company will issue one right for each share of stock outstanding. The new shares being

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Mountain Products is currently selling for $25.20 per share. The company will issue one right for each share of stock outstanding. The new shares being offered are priced at $20 plus five rights. What is the value of one right?. What is the value of one right? $0.97$0.87$0.76$0.52$1.04

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