Q: Consolidated Jewels needs to raise $2 mil to pay for its Diamonds in the Rough campaign. It will raise the funds by offering 200,000 rights, each of which entitles the owner to buy one new share. The company currently has outstanding 1 mil shares priced at $20 share What must be the subscription price on the rights? What will be the share price after the rights issue? What is the value of a right? a) b) Q: Consolidated Jewels needs to raise $2 mil to pay for its Diamonds in the Rough campaign. It will raise the funds by offering 200,000 rights, each of which entitles the owner to buy one new share. The company currently has outstanding 1 mil shares priced at $20 share What must be the subscription price on the rights? What will be the share price after the rights issue? What is the value of a right? a) b)