Multiple Choice
Assuming everything else is constant,if a stock's old price is $25 and the ex-rights or new stock price is $19,then the value of the right is:
A) -$6.
B) $6.
C) impossible to determine without the subscription price.
D) impossible to determine without the number of rights needed to buy one share.
Correct Answer:
Verified
Correct Answer:
Verified
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