Answer the questions based on the table below. Before rights offeringAfter rights offeringValue...
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Finance
Answer the questions based on the table below.
Before rights offeringAfter rights offeringValue of equity $200,000,000( )# of shares 10,000,000 ( ) Stock price $20( )New equity capital raised$40,000,000 Subscription price$10 # of new shares( ) # of rights ( ) Conversion ratio for a right to a new share( ) Value of a right( )
1)Figure out the number of new shares issued given the subscription price.
2)Figure out the conversion ratio for rights to a new share.
3)Figure out the stock price after the rights offering.
4)Figure out the value of a right.
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