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You currently own 1 1 percent of the 2 . 8 million outstanding shares of Webster Mills. The company has just announced a $ 3
You currently own percent of the million outstanding shares of Webster Mills. The company has just announced a $ million rights offering with a subscription price of $ per share with one right issued for each share of stock. Assume that all rights are exercised. What will be your new ownership position if you opt to sell your rights rather than exercise them?
You currently own percent of the million outstanding shares of Webster Mills. The company has just announced a $ million rights offering with a subscription price of $ per share with one right issued for each share of stock. Assume that all rights are exercised. What will be your new ownership position if you opt to sell your rights rather than exercise them?
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