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Rights Offering: A Corporation is proposing a rights offering. There are currently 875,000 shares outstanding at $42 each. There will be 105,000 new shares offered

Rights Offering: A Corporation is proposing a rights offering. There are currently 875,000 shares outstanding

at $42 each. There will be 105,000 new shares offered at $36 each.

What is the new market value of the company?

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