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Winter Corp.s stock is currently selling at $27 per share. There are 1 million shares outstanding. The firm is planning to raise $2 million to
Winter Corp.s stock is currently selling at $27 per share. There are 1 million shares outstanding. The firm is planning to raise $2 million to finance a new project. What are the ex-rights stock price and the value of a right if two shares of outstanding stock are entitled to purchase one additional share of the new issue?
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