The Value of a Right Depends Upon

Multiple Choice

The value of a right depends upon:
I.the number of rights required to purchase one new share.
II.the market price of the security.
III.the subscription price.
IV.the price-earnings ratio of the stock.

A) II and III only
B) II and IV only
C) I and II only
D) I, II, and III only
E) I, II, III, and IV