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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? Type in your formula and answer in the box provided. You need to include your formula to receive full credit
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