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You decide to raise $2 million in additional funding via a rights offering. Every shareholder will receive one right for

Posted: Sun May 29, 2022 6:09 pm
by answerhappygod
You decide to raise $2 million in additional funding via a
rights offering. Every shareholder will receive one right for every
share of stock they own. The offering consists of a total of
250,000 new shares. The current market price of your stock is $10.
Currently, there are 1 million shares outstanding. What is the
value of one right?