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nbc want to raise $5 million new equity via a rights issue with a subscription price...

nbc want to raise $5 million new equity via a rights issue with a subscription price of $40/share. Current shares sell (rights on) for $60 each. Calculate the minimum current value of a right and the ex-rights share price assuming there are 2 million shares outstanding before the rights issue. Check your ex rights share price using another formula.

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

jeff jeffy answered 1 year ago
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