Question
The company wants to raise 750.000.000 EUR. Currently there are 100.000.000 shares trading @102,5EUR. The proposed offering price for the new rights issue is 75EUR.
The company wants to raise 750.000.000 EUR. Currently there are 100.000.000 shares trading @102,5EUR. The proposed offering price for the new rights issue is 75EUR.
A. How many rights are needed to purchase one new share?
B. What is the price of 1 right?
C. For an investor that has 20.000 shares what is the number of rights that he needs to sell to perform tail-swallowing strategy?
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Finance And Society In 21st Century China Chinese Culture Versus Western Markets
Authors: Junie T. Tong
1st Edition
1409401294,1409459977
