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Todd Winningham IV has $ 4 , 6 0 0 to invest. He has been looking at Gallagher Tennis Clubs Incorporated common stock. Gallagher has
Todd Winningham IV has $ to invest. He has been looking at Gallagher Tennis Clubs Incorporated common stock. Gallagher has issued a rights offering to its common stockholders. Eight rights plus $ cash will buy one new share. Gallagher's stock is selling for $ exrights.
a How many rights could Todd buy with his $
Note: Do not round intermediate calculations and round your answer to the nearest whole number.
Answer is complete but not entirely correct.
tableNumber of rights,aleph
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