ALSET, Inc., has 200,000 shares of
stock outstanding. Each share is worth 100€, so the company's
market value of equity is 20,000,000€. Suppose the firm issues
30,000 new shares at the following prices: 95€, 100€,105€. What are
the number of rights needed in each case?
What will the effect be of each of
these alternative offering prices on the existing price per
share?
ALSET, Inc., has 200,000 shares of stock outstanding. Each share is worth 100€, so the company's market value of equity
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