Question: Amarillo Bank has decided to raise $ 2 2 . 5 million in additional funding through a rights offering. The bank will issue one right
Amarillo Bank has decided to raise $ million in additional funding through a rights offering. The bank will issue one right for each share of stock currenty outstanding. The offering consists of a total of new shares. The current market price of the stock is $ and there are currently million shares outstanding. What is the value of one right?
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