Keira mfg is considering a rights offer the company has


Keira Mfg. is considering a rights offer. The company has determined that the ex-rights price would be $76. The current price is $90 per share, and there are 36 million shares outstanding. The rights offer would raise a total of $60 million. What is the subscription price?

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Finance Basics: Keira mfg is considering a rights offer the company has
Reference No:- TGS0610908

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