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Skyway Airlines has announced a rights offering for its shareholders. Harold Post owns 2,900 shares of Skyway Airlines stock Four rights plus $69 cash are

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Skyway Airlines has announced a rights offering for its shareholders. Harold Post owns 2,900 shares of Skyway Airlines stock Four rights plus $69 cash are needed to buy one of the new shares. The stock is currently selling for 590 nights om a. What is the value of a right? (Round the final answer to 2 decimal places.) Value per right $ b-1. How many of the new shares could Harold buy if he exercised all his rights? Number of shares b-2. How much cash would this require? Cash required $ . This part of the question is not part of your Connect assignment

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