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For a Particular Stock the Old Stock Price Is $20,the

Question 62

Multiple Choice

For a particular stock the old stock price is $20,the ex-rights price is $15,and the number of rights needed to buy a new share is 2. Assuming everything else constant,the subscription price is ______.


A) $5
B) $13
C) $17
D) $18
E) $20

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