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Saltsea Saltsea is a company that operates in salt production. The management team has recently decided to expand its operation to a new herbs line.

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Saltsea Saltsea is a company that operates in salt production. The management team has recently decided to expand its operation to a new herbs line. The company decided to raise (2.4 million to finance this project through a rights issue. The company will offer the rights issue at a discount of 20% of the current market price of 12. The company has 1.2 million shares outstanding. How many rights are needed to buy one new share? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer 2.4 rights b 3.6 rights c 4.8 rights d 200,000 rights e 250,000 rights Unanswered B Save Which of the following statements

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