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Question 22 5 pts Chad Inc's common stock is currently selling for $31.20 a share. The new rights offering grants one right for each share

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Question 22 5 pts Chad Inc's common stock is currently selling for $31.20 a share. The new rights offering grants one right for each share of stock outstanding. The new shares being offered are priced at $18 plus four rights. What is the new share price? [Select ] What is the value of one right? [Select]

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