(Answered) Tricki corp stock sells for 45 rights-on and the

Finance

Tricki Corp stock sells for $45 rights-on, and the subscription price is $35. Ten rights are required to purchase one share. Tomorrow the stock of Tricki will go ex-rights. What is the price of Tricki expected to be when it begins trading ex-rights?

Answer

$47.23
$44.00
$44.09
$45.00

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