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Calculate the Value of a Right Given the Following Information

Question 8

Multiple Choice

Calculate the value of a right given the following information: 2 of rights to buy one share; subscription price of $9; $25 common share price during the rights-on period.


A) $5.33
B) $5.50
C) $6.15
D) $6.30
E) $6.80

Correct Answer:

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