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Redirect Energy Corporation has issued rights to its shareholders. The subscription price is $ 7 8 , and four rights are needed along with the
Redirect Energy Corporation has issued rights to its shareholders. The subscription price is $ and four rights are needed along with the subscription price to buy one of the new shares. The stock is selling for $ rightson
a What would be the value of one right? Round the final answer to decimal places.
Value of one right $
b If the stock goes exrights, what would the new stock price beDo not round intermediate calculations. Round the final answer to decimal places.
New stock price
$
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