You own 1000 shares of common stock in a firm that has 2, Financial Management

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You own 1000 shares of common stock in a firm that has 2

You own 1,000 shares of common stock in a firm that has 2 million shares outstanding. the firm announces a plan to sell an additional 200,000 shares through a rights offering. suppose that the market price price per share is $35, but each right allows you to purchase a share of stock for $32. What should be the value of one right?

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