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Business, 14.04.2020 18:54 maganns14

Mountain Products has decided to raise $6 million via a rights offering. The company will issue one right for each share of stock outstanding. The subscription price is set at $15 per share. The current market price of the stock is $20.10 and there are 2,000,000 shares currently outstanding. What is the value of one right?

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Mountain Products has decided to raise $6 million via a rights offering. The company will issue one...

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