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The Current Market Value of Markowitz Corp Stock Is $61

Question 40

True/False

The current market value of Markowitz Corp stock is $61. If 10 rights are required to buy one additional share of Markowitz at the subscription price of $50, then the rights are worth $1.00.
Based on Formula 17-3: (61 - 50)/(10 + 1) = $1

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