2. Answer the questions based on the table below. Value of equity # of shares Stock...
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2. Answer the questions based on the table below. Value of equity # of shares Stock price New equity capital raised Subscription price # of new shares # of rights Conversion ratio for a right to a new share Value of a right Before rights offering $200,000,000 10,000,000 $40,000,000 ( 4) Figure out the value of a right. (20points) $20 ( $10 ) ) ) ) After rights offering 2) Figure out the conversion ratio for rights to a new share. (25points) 1) Figure out the number of new shares issued given the subscription price. (25points) 3) Figure out the stock price after the rights offering. (30points) ( ( ( ) ) ) 2. Answer the questions based on the table below. Value of equity # of shares Stock price New equity capital raised Subscription price # of new shares # of rights Conversion ratio for a right to a new share Value of a right Before rights offering $200,000,000 10,000,000 $40,000,000 ( 4) Figure out the value of a right. (20points) $20 ( $10 ) ) ) ) After rights offering 2) Figure out the conversion ratio for rights to a new share. (25points) 1) Figure out the number of new shares issued given the subscription price. (25points) 3) Figure out the stock price after the rights offering. (30points) ( ( ( ) ) )
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Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date:
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