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The Schraeder Corporation has 20000 shares outstanding at $30 each. they will raise $200000 by a rights offering with a subscription price of $25. how

The Schraeder Corporation has 20000 shares outstanding at $30 each. they will raise $200000 by a rights offering with a subscription price of $25. how many rights must you turn in to get a new share?

a. 1.2

b. 2

c. 2.5

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