Multiple Choice
XYZ's rights currently trade at $7.60.Each right can be used to buy one share of XYZ at $27.92 based on a subscription ratio of 5 rights for each share purchased.XYZ's current cum rights share price is _______.
A) $73.52
B) $35.52
C) $65.92
D) $87.50
Correct Answer:
Verified
Correct Answer:
Verified
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