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Posted on May 19, 2024

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

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.

How many rights will it take to buy one share?

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