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Sabinio, Incorporated, has 1 8 0 , 0 0 0 shares of stock outstanding. Each share is worth $ 7 4 , so the company's

Sabinio, Incorporated, has 180,000 shares of stock outstanding. Each share is worth $74, so the company's market value of equity is $13,320,000. Suppose the firm issues 34,000 new. shares at the following prices: $74,$68, and $62. What will be the ex-rights price and the effect of each of these alternative offering prices on the existing price per share?
Note: Leave no cells blank; if there is no effect select "No change" from the dropdown and enter "0". Round your answers to 2 decimal places, e.g.,32.16.
\table[[,Price Ex-Rights,Effect,Amount,],[a. $74,,,,per share],[b. $68,,,,per share],[c. $62,,,,per share]]
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