Keira mfg is considering a rights offer the company has, Ask an Expert

Finance

Keira Mfg. is considering a rights offer. The company has determined that the ex-rights price would be $63. The current price is $75 per share, and there are 25 million shares outstanding. The rights offer would raise a total of $50 million.

What is the subscription price?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91731797

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