Question: This answer will get multiple thumbs up if correct. Keep your answer till 4 decimal places DIY has 10,413 shares outstanding at $34.3 each. They

This answer will get multiple thumbs up if correct.

Keep your answer till 4 decimal places

DIY has 10,413 shares outstanding at $34.3 each. They expect to raise $158,850 by a rights offering. If the ex-rights stock price is $27.3, what must be the subscription price?

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