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Myer Inc is currently trading at $ 0 . 5 per share with 8 5 0 million shares on issue. It announces an 1 for

Myer Inc is currently trading at $0.5 per share with 850 million shares on issue. It announces an 1 for 4 non-renounceable rights issue with a subscription price of $0.3 per share. Which of the following statements related to the rights issue is correct, based only on the information above? (round to the nearest 2 digits)
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Instead of exercising the right, shareholders can choose to sell the right to 1 new share for $0.16 on the exchange (ignore other pricing factors).
The theoretical ex-rights price for Myer Inc. is $0.40.
Myer Inc is aiming to issue 255 million shares from the rights issue.
None of the other statements related to the rights issue is correct.
More than one of the other statements related to the rights issue is correct

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