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Business, 12.08.2020 20:01 yqui8767

Nemesis, Inc., has 215,000 shares of stock outstanding. Each share is worth $81, so the company's market value of equity is $17,415,000. Suppose the firm issues 48,000 new shares at the following prices: $81, $75, and $69. What will be the ex-rights price and the effect of each of these alternative offering prices on the existing price per share? (Leave no cells blank; if there is no effect select "No change" from the dropdown and enter "O". Round your answers to 2 decimal places, e. g., 32.16.) Price Ex-Rights Amount $ Effect per share
per share
per share
No change
Price drops by
Price drops by

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Nemesis, Inc., has 215,000 shares of stock outstanding. Each share is worth $81, so the company's ma...
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