Question: Can you explain why the answer is c? (with work) 6) A company is financed only with equity, and its shares are listed at 30

Can you explain why the answer is c? (with work)

Can you explain why the answer is c? (with work) 6) A

6) A company is financed only with equity, and its shares are listed at 30 euros per share. This company decides to increase its capital with subscription rights. The issue price of the new shares has a 50% discount with respect to the market value. If the theoretical value computed for each right is 1.5 euros, how many new shares will be issued? a) 1 new share for 7 old shares b) 1 new share for 5 old shares c) 1 new share for 9 old shares d) None of the above

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