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Rights Offering: The ABC corporation has announced a rights offering to raise $62 million. The stock currently sells for $82 per share, and there are

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Rights Offering: The ABC corporation has announced a rights offering to raise $62 million. The stock currently sells for $82 per share, and there are 9.2 million shares outstanding if the subscription price is set at $72 per share, how many shares must be sold? Type in your formula and answer in the box provided. You need to include your formula to receive full credit

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