QUESTION 3 Creative ple is proposing a rights offering Presently there are 300,000 shares outstanding at 100 each. There will be 50,000 new shares offered at 90 each. A What is the new market value of the company? 8. How many rights are associated with one of the new shares? What is the ex-rights price? D. What is the value of a right? E. Why might a company have a rights offering rather than a general cash offer For the toolbar, press ALT-F10 (PC) or ALT+FN-F10 (Mac). BI VS Paragraph Arial 14px A Ex X, The 1 2 (1) iii I. X - Save and Submit to save and submit. Click Save All Answers to save all answers, Save All Answers MacBook Pro QO0 DOO