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(please use your keyboard and explain the steps) What would you expect to be the market price of stock after a sold-out rights issue if
(please use your keyboard and explain the steps)
What would you expect to be the market price of stock after a sold-out rights issue if each existing shareholder purchases one new share at $50 for each five that
one or she currently holds and the current share price is $120?
$75.00
$108.00
$110.00
$80.00
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