Question: Please show all your work, NEED ANSWER ASAP Jonson Bro Inc. currently has 12,000,000 shares outstanding and would like to raise $18 million in a

Please show all your work, NEED ANSWER ASAP Jonson Bro Inc. currentlyPlease show all your work, NEED ANSWER ASAP

Jonson Bro Inc. currently has 12,000,000 shares outstanding and would like to raise $18 million in a rights offering. The offer price has been set at $30 and the current stock price is $40. What is the profit of a right? A) $0.75 B) $1.00 C) $0.50 D) $1.20 E) $0.65

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