Question: Question 38 (1 point) A company does a rights issue in order to raise $ 2,500,000 to finance a project. She currently has 300,000 shares

Question 38 (1 point) A company does a rights issue in order to raise $ 2,500,000 to finance a project. She currently has 300,000 shares at $ 30 each. If the subscription price is $ 20 per share, how many shares must be sold to finance the new project?

Options 83,333.3333 250,000 120,000 125,000 115,000

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