A firm's stock is currently trading at $50/share. There are 2,000,000 shares outstanding and it...
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Finance
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A firm's stock is currently trading at $50/share. There are 2,000,000 shares outstanding and it plans to issue an additional 250,000 shares at $45/share. The price or value of ONE right is
a. $1.00
b. $0.56
c. $1.12
d. $5.00
e. $0.00
A firm's stock is currently trading at $50/share. There are 2,000,000 shares outstanding and it plans to issue an additional 250,000 shares at $45/share. The price or value of ONE right is
a. | $1.00 | |
b. | $0.56 | |
c. | $1.12 | |
d. | $5.00 | |
e. | $0.00 |
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