Laursen plc has announced a 1 for 3 rights issue at a subscription price of £2. The current price of the shares is £3.04. What is the theoretical value of the right per existing share? a. £0.78 b. £0.35 c. £0.26 d. £2.78
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14. Laursen plc has announced a 1 for 3 rights issue at a subscription price of £2. The current price of the shares is £3.04.
What is the theoretical value of the right per existing share?
a. £0.78
b. £0.35
c. £0.26
d. £2.78
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- The current market price of a company's shares is $20. The company is planning to make a 1 for 5 rights issue at a subscription price of $14. You hold 100 shares at the time the rights issue is to be made. What will the ex-rights share price be? a. $16.67 b. $14.33 c. $19.00 d.$22.80Corporation Ltd is considering raisng additional equiry via a rights issue, in the amount of $120,000. It currently has 18,000 ordinary shares outstanding that sell for $24.36 each. The subscription price will be $20 per share. What is the value of one right?PQR SAOG Company has in issue 600,000 OMR 1 equity shares with a current market value of RO 5 each. It offers a rights issue of 5 for 20 shares at an offer price of RO 3. Assuming that if 80% of the offer is taken by the shareholders, how many numbers of right shares will be issued by the company? a. 360,000 b. 120,000 c. 450,000 d. 150,00
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