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Tricki Corp stock sells for $70 rights-on, and the subscription price is $60. Ten rights are required to purchase one share. Tomorrow the stock of

Tricki Corp stock sells for $70 rights-on, and the subscription price is $60. Ten rights are required to purchase one share. Tomorrow the stock of Tricki will go ex-rights. What is Tricki's expected price when it begins trading ex-rights?

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