QuickHelper

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  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
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Category > Business & Finance Posted 06 Jun 2017 My Price 7.00

Finance, rights offer

Question description

 

Komoka Machine Shop is considering a rights offer. The company has determined that the ex-rights price would be $83. The current current is $89 per share, and there are 24 million shares outstanding. The rights offer would raise a total of $50 million. 

What is the subscription price?

 

 
 
 

Answers

QuickHelper
(10)
Status NEW Posted 06 Jun 2017 12:06 PM My Price 7.00

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