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Berczy Inc. is proposing a rights offering. Presently there are 500,000 shares

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Berczy Inc. is proposing a rights offering. Presently there are 500,000 shares outstanding at $56 each. There will be 100,000 new shares offered at $48 each.;a. What is the new market value of the company?;New market value $;b.;How many rights are associated with one of the new shares?;Number of rights needed;c. What is the ex-rights price? (Round your answer to 2 decimal places. (e.g., 32.16));Ex-rights price $;d. What is the value of a right? (Round your answer to 2 decimal places. (e.g., 32.16));Value of a right $

 

Paper#27083 | Written in 18-Jul-2015

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