PT. TPI will conduct a rights issue under the following conditions. Each owner 2 sheets old shares have the right to buy 1 new share at a price of IDR 3000 per share. Amount 100 million old shares outstanding with a price on the stock exchange of IDR 3500,- per sheet. a. How much money will be raised from the rights issue? b. It is hoped that the funds from the rights issue can be invested by generating NPV +Rp 100 billion. What is the share price after the rights issue?

Answer rating: 100% (QA)

a Money raised from the rights issue 1 Each owner of 2 old shares has the right to buy 1 new share a... View the full answer