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Q3. Mirage Corporation has 1,000,000 shares outstanding. It wishes to issue 250,000 new shares using...

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Q3. Mirage Corporation has 1,000,000 shares outstanding. It wishes to issue 250,000 new shares using rights issue. If the current stock price is $50 and the subscription price is $45/share, calculate the value of a right. A. $5.00/right B. $1.00/right C. $2.50/right D. $0.25/right

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