Question: Amarillo Bank has decided to raise $ 2 2 . 5 millon in additional funding through a rights offering. The bank will issue one right

Amarillo Bank has decided to raise $22.5 millon in additional funding through a rights offering. The bank will issue one right for The offering consists of a total of 900,000 new shares. The current market price of the stock is 126.4, and there are currently 3.6 value of one right?
$0.15
$0.28
$0.89
4512
Amarillo Bank has decided to raise $ 2 2 . 5

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