Question: Incredible H shares are currently selling for $27. The company has decided to raise funds through a rights offering. Shareholders will receive one right for

Incredible H shares are currently selling for $27. The company has decided to raise funds through a rights offering. Shareholders will receive one right for each share of stock they own. The new shares are priced at $15 plus three rights. What is the value of one right? Question 38 options: $3.00 $4.00 $12.00 $3.50 $2.80

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