SERVAS plc has an issued share capital of 4 million 1 . 0 0 shares. Current market
Fantastic news! We've Found the answer you've been seeking!
Question:
SERVAS plc has an issued share capital of million shares. Current market value is a share.
SERVAS wish to raise additional finance and are considering a rights issue of one new share for every five shares currently held, at a discount to market price.
BAF
i ii iii.
c
Calculate the theoretical exrights price.
Calculate the value of the rights
Calculate the number of shares in issue after the right
Posted Date: