Question: a) What are some of the differences between floatation, secondary share issue and private placement? b) BetaVac is considering a rights issue to raise $70

a) What are some of the differences between floatation, secondary share issue and private placement?

b) BetaVac is considering a rights issue to raise $70 million to finance a new project. Its paid-up capital is 40 million ordinary shares, and the current share price is $10. The issue price for the rights offering would be $7 per share. What is the value of one right?

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