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Rights Offerings?Sheary, Inc., is proposing a rights offering. Presently, there are 375,000 shares outstanding at $60...

Rights Offerings?Sheary, Inc., is proposing a rights offering. Presently, there are 375,000 shares outstanding at $60 each. There will be 65,000 new shares offered at $57 each.

What is the new market value of the company?

How many rights are associated with one of the new shares?

What is the ex-rights price?

What is the value of a right?

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