Afridi Sports has announced a rights issue to raise $60 million for a new project....
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Afridi Sports has announced a rights issue to raise $60 million for a new project. The current price is $50 per share with 6 million shares outstanding. If the subscription price is $40 per share Question: A. What is the prospective price of Afridi Sports after the rights issue? B. What is the value of a right
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