Question: Question 8 (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 8 (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, what is the price of the share after the issuance of the rights (i.e. the new price of the shares)?

Options $ 43.45879 $ 23.50023 $ 26.66666 $ 27.05882 $ 17.53254

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