Question: 25) Can i please get help with this practice question. Dilan, Inc. is a publicly-traded cyber security company and it is considering a rights offer.
25) Can i please get help with this practice question.

Dilan, Inc. is a publicly-traded cyber security company and it is considering a rights offer. The ex-rights price is $42 on the ex-rights day, whereas the rights-on price was $45. The company has 8 million shares outstanding curretly and they plan to raise $12 million through the rights offering. Calculate the subscription price. (Do not round intermediate calculations. Omit the $ sign in your response. For example, an answer of $46.00 should be entered as 46). Numeric Response
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