Question: ABC Inc. has 7,626 shares outstanding at $35.7 each. They expect to raise $48,737 by a rights offering with a subscription price of $24.7. How

ABC Inc. has 7,626 shares outstanding at $35.7 each. They expect to raise $48,737 by a rights offering with a subscription price of $24.7. How many rights must a shareholder have to buy a new share?

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