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Tricki Corp stock sells for $60 rights-on, and the subscription price is $50. Ten rights are required to purchase one share. Tomorrow the stock of

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Tricki Corp stock sells for $60 rights-on, and the subscription price is $50. Ten rights are required to purchase one share. Tomorrow the stock of Trickl will go ex-rights. What is Trick's expected price when it begins trading ex-rights? (Round your answer to 2 decimal places.) Multiple Choice 55809 561.09 $59.09 $62.09

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