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Mathematics, 26.09.2021 23:20 perlacruz0505

Nemesis inc, has 25000 shares of stock outstanding. Each share is worth $88, so the companys market value of equity is $22,000,000. Suppose the firm issues 62,000 new shared at the following prices: $88, $82, and $76. What will be the ex-rights price and the effect of each of these alternative offering prices on the existing price per share?

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