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Title: Valiant Industries has 20 million shares of stock outstanding at a price of $28 per share. The ... Post by: dupoyjohn134 on Jul 7, 2019 Valiant Industries has 20 million shares of stock outstanding at a price of $28 per share. The company wishes to raise more money and plans to do so through a rights issue. Every existing stockholder will receive one right for each share of stock held. For every four rights held by the stockholder, they can buy one share at a price of $28. If all rights are exercised, how much money will be raised in this offer?
▸ $70 million ▸ $120 million ▸ $165 million ▸ $140 million Title: Valiant Industries has 20 million shares of stock outstanding at a price of $28 per share. The ... Post by: urbacore on Jul 7, 2019 Content hidden
Title: Valiant Industries has 20 million shares of stock outstanding at a price of $28 per share. The ... Post by: dupoyjohn134 on Jul 7, 2019 Thanks
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