Question: Enabled: Final Exam Saved Help Save & Exit Sul Prahm Corp. is proposing a rights offering. Presently there are 200,000 shares outstanding at $62 each.

Enabled: Final Exam Saved Help Save & Exit Sul Prahm Corp. is proposing a rights offering. Presently there are 200,000 shares outstanding at $62 each. There will be 20,000 new shares offered. a. What is the maximum possible subscription price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How many rights are associated with one of the new shares? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. If the subscription price is $52 per share, what is the ex-rights price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d.What is the value of a right? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Maximum subscription price $ b. Number of rights needed C. Ex-rights price d. Value of a right Prey 1 of 20 Next >

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