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Number of new shares=40/Sp where Sp=subscription price NEX=20/40/Sp=0.55p Hence ex price Px=$69= [0.5Sp*75+Sp]/(0.55p+1) Hence 34.5Sp+69=38.5Sp Hence Sp=$17.25 Can you break down the calculation. How
Number of new shares=40/Sp where Sp=subscription price NEX=20/40/Sp=0.55p Hence ex price Px=$69= [0.5Sp*75+Sp]/(0.55p+1) Hence 34.5Sp+69=38.5Sp Hence Sp=$17.25 Can you break down the calculation. How do you get 0.5 Sp?
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05Sp is calculated by dividing the number of new shares 40 by the subscript...
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
