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Sun limited has 900,000 shares outstanding at market price of sh 130 . the company need sh 4 million to finance it new production line.

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Sun limited has 900,000 shares outstanding at market price of sh 130 . the company need sh 4 million to finance it new production line. The subscription price has been set at sh 80 . a. How many rights should be offered b. What is the rights ratio c. What will be theoretical ex right price

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