Question: Chapter 17 0 Help Save & E Redirect Energy Corporation has issued rights to its shareholders. The subscription price is $42, and seven rights are

Chapter 17 0 Help Save & E Redirect Energy Corporation has issued rights to its shareholders. The subscription price is $42, and seven rights are needed along with the subscription price to buy one of the new shares. The stock is selling for $51 rights-on a. What would be the value of one right? (Round the final answer to 2 decimal places.) Value of one right b. If the stock goes ex-rights, what would the new stock price be? (Do not round intermediate calculations, Round the final answer to 2 decimal places.) New stock price $

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1. Why might citizens interested in maximizing economic efficiency be happy to invest their government with the right to coerce them in at least some situations? LO5.1

LO5.1 Describe how governments power to coerce can be economically beneficial and list some of the difficulties associated with managing and directing the government.

3. True or False: A market may collapse and have relatively few transactions between buyers and sellers if buyers have more information than sellers. LO4.6