Expect for the shares ex-rights

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C plc is to make a 3 for 5 rights issue at 120p. If the price of the shares on the day the allotment letters were posted was 140p, what price would you expect for the shares ex-rights when dealings commence?

A key difference between the net present value technique and the internal rate of return technique for capital budgeting is:

Reference no: EM131082495

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Expect for the shares ex-rights : C plc is to make a 3 for 5 rights issue at 120p. If the price of the shares on the day the allotment letters were posted was 140p, what price would you expect for the shares ex-rights when dealings commence?
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