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Using your calculated number of rights needed to buy one share of new stock from...

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Finance

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Using your calculated number of rights needed to buy one share of new stock from the prior question about Zeta Corp.'s new share offering (500,000 new shares while 2 mm are already outstanding), with a subscription price of $55 and a market price of $65 per share (selling rights-on), what is the value of each right? $2.00 O $11.00 O $1.00 O $2.50

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