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The Value of Share Purchase, Right & Post-Issuing Market Price of Shares Example: ACB joint stock company decides to raise capital through a secondary offering

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The Value of Share Purchase, Right \& Post-Issuing Market Price of Shares Example: ACB joint stock company decides to raise capital through a secondary offering with share purchase right applied to firm's existing investors. The information of the offering as following: - Number of new shares: 337.162.017 - Offering ratio: 5:1 ( 5 outstanding shares equal to 5 rights, and 5 rights could be used to buy 1 new share) - Offering price: VND 10.000 per share - Market price before ex-date: VND 22.400 per share DETERMINE THE VALUE OF RIGHT and P1

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