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Nemesis, Inc., has 190,000 shares of stock outstanding. Each share is worth $76, so the company's market value of equity is $14,440.000. Suppose the firm

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Nemesis, Inc., has 190,000 shares of stock outstanding. Each share is worth $76, so the company's market value of equity is $14,440.000. Suppose the firm issues 38,000 new shares at the following prices: $76, $69, and $63. What will be the ex-rights price and the effect of each of these alternative offering prices on the existing price per share? (Leave no cells blank; if there is no effect select "No change" from the dropdown and enter "O". Round your answers to 2 decimal places e.g, 32.16) Price Ex-Rights Effect Amount $ 76 per share per share per share a. $ 76 b. S 69 c. 63

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