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Question 3 A company is considering a rights issue of one new share for every four shares held, at a price of 3.60. The

Question 3 A company is considering a rights issue of one new share for every four shares held, at a price of 3.60. The existing shares have a nominal value of 1, a book value of 3.20, and a market value of 4. What is the theoretical ex-rights price? A 4.90 B C3.28 C C3.92 D Question 4

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