teryy plans to raise $100 million through a seasoned equity offering of 2 million new shares. To limit dilution for its

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answerhappygod
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teryy plans to raise $100 million through a seasoned equity offering of 2 million new shares. To limit dilution for its

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teryy plans to raise $100 million through a seasoned equityoffering of 2 million new shares. To limit dilution for itsexisting shareholders,terry will conduct a rights offering toallocate the newly issued equity. Currently the company has 10million shares priced at $29.40 in public markets. Assuming anexisting shareholder (with one share) wanted to sell of theirright, they would receive _____ , and after the transaction theprice of terry's equity will be ______ per share.
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