"the price of share on the ex-right is the price of stock cum-rights less the...

80.2K

Verified Solution

Question

Accounting

"the price of share on the ex-right is the price of stock cum-rights less the value of rights" can someone explain the statement above.Why the share without right(ex-right) is lower than the cum-rights?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students