Number of new shares 40 Sp where Sp subscription price NEX 20 40 Sp 0 55p Hence ex price Px $69 0 5Sp 75 Sp (0 55p 1) Hence 34 5Sp 69 38 5Sp Hence Sp $17 25 Can you break down the calculation How do you get 0 5 Sp Number of new shares 40 Sp where Sp subscription price NEX 20 40 Sp 0 55p Hence ex p...

05Sp is calculated by dividing the number of new shares 40 by the subscript ...

Number of new shares=40/Sp where Sp=subscription price NEX=20/40/Sp=0.55p Hence ex price Px=$69= [0.5Sp*75+Sp]/(0.55p+1) Hence 34.5Sp+69=38.5Sp Hence...

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Microeconomics An Intuitive Approach with Calculus

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Authors: Thomas Nechyba

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Number of new shares=40/Sp where Sp=subscription price NEX=20/40/Sp=0.55p Hence ex price Px=$69= [0.5Sp*75+Sp]/(0.55p+1) Hence 34.5Sp+69=38.5Sp Hence...

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Microeconomics An Intuitive Approach with Calculus

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