Multiple Choice
If SED's shares trade ex-rights at $51.75,carry a subscription price of $48 a share,and can be purchase by shareholders in a ratio of 5 rights per share,SED's rights trade at ______.
A) $0.75
B) $1.75
C) $3.75
D) $4.50
Correct Answer:
Verified
Correct Answer:
Verified
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