In: Finance
ABC, an unlevered company is issuing rights shares to its shareholders. | |
Consider the following information: | |
Number of right issue (shares) | 108,472.0 |
Subscription price (per share) | 9.0 |
Exisiting number of shares outstanding | 970,102.0 |
Right-on (before right issue) market value per share | 11.0 |
i. What is market value of the company before right issue? | |
ii. What is the market value of the company after right issue? | |
iii. What will be total number of outstanding shares after right issue? | |
iv. What will be the market value per share after right issue? | |
v. What is the value of a right? |