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Determine what is the value of each right

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Question: Assume it requires 3 rights to obtain a new share in a rights offering. If the stock's price prior to the ex-rights date is $25 and the ex-rights price is $22.75, what is the value of each right? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131937564

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