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HADM 2220 Practice Problems, Q4

Therewillbe60000newsharesoffered at70each a

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Unformatted text preview: luded? Practice Problems for Raising Capital 1. Sloppy Joe's Inc. is proposing a rights offer. Currently there are 500,000 shares outstanding trading in the market at $81 each. There will be 60,000 new shares offered at $70 each. a. What is the new market value of the company? b. How many rights are associated with one of the new shares? c. What is t...
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