In the formula value of a right rights-on-price

Finance

In the formula, Value of a right = Rights-on-price - Issue price Number of rights to buy at issue price + 1 which of the following assumptions is required?

A. All rights must be exercised.

B. At least 90 percent of rights must be exercised.

C. At most 90 percent of rights should be exercised.

D. None of the above.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92101235

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