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    Foundations of Financial Management Study Set 1
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    Exam 17: Common and Preferred Stock Financing
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    If the Market Value of a Stock When the Shares
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If the Market Value of a Stock When the Shares

Question 52

Question 52

True/False

If the market value of a stock when the shares are trading ex-rights is $57 and 9 rights are required to buy one share of stock at the subscription price of $45,then the rights are worth $1.33.

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