The Clifford Corporation has announced a rights offer to raise
$36 million for a new journal, the Journal of Financial
Excess. This journal will review potential articles after the
author pays a nonrefundable reviewing fee of $5,000 per page. The
stock currently sells for $36 per share, and there are 1.8 million
shares outstanding.
ch15.2
a.
What is the maximum possible subscription price? What is the
minimum? (Leave no cells blank - be certain to enter "0"
wherever required.)
b....