Question: 0 . 4 4 points Skipped A firm has decided to raise $ 6 million via a rights offering. The firm will issue one right

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A firm has decided to raise $6 million via a rights offering. The firm will issue one right for each share of stock outstanding. The subscription price is set at $20 per share. The current market price of the stock is $2520 and there are 1,500,000 shares currently outstanding. What is the value of one right?
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