Question: Please help, need all 3 parts. try to answer last part as thoroughly as possible. (b) Teck company has announced a rights issue to raise

 Please help, need all 3 parts. try to answer last part

Please help, need all 3 parts. try to answer last part as thoroughly as possible.

(b) Teck company has announced a rights issue to raise $60 million for a new project. The current price is $50 per share with 6 million shares outstanding. If the subscription price is $40 per share, Required: i. What is the prospective price of Teck company after the rights issue? (15 marks) ii. What is the value of a right? (10 marks) Discuss the theoretical and practical problems of the Efficiency Market Hypothesis by drawing on the assumptions and empirical evidence. (500 words limit) (50 marks) (Total 100 marks) I (b) Teck company has announced a rights issue to raise $60 million for a new project. The current price is $50 per share with 6 million shares outstanding. If the subscription price is $40 per share, Required: i. What is the prospective price of Teck company after the rights issue? (15 marks) ii. What is the value of a right? (10 marks) Discuss the theoretical and practical problems of the Efficiency Market Hypothesis by drawing on the assumptions and empirical evidence. (500 words limit) (50 marks) (Total 100 marks)

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