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Question 12 7 points Save Answer A CFO of a company with a market capitalization of $13. The firm has 149 million shares outstanding, so

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Question 12 7 points Save Answer A CFO of a company with a market capitalization of $13. The firm has 149 million shares outstanding, so the shares are trading at $11.44 per share. Each existing shareholder is sent one right for every share he or she owns. The CFO has not decided how many rights he will require to purchase a share of new stock. He will require either 2 rights to purchase one share at a price of $7.63 per share, or 5 rights to purchase two new shares at a price of $7.51 per share. How much money will the second approach raise

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