Question: Mark plc. is proposing a one-for-five rights issue. The market price of the share is expected to be 320 pence after the rights issue. what

Mark plc. is proposing a one-for-five rights issue. The market price of the share is expected to be 320 pence after the rights issue. what must be the discounted price of a newly issued share? Given the current market price of the share is 360 pence.

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