PDQ Corporation has declared a rights offering to stockholders of record on Thursday, July 22nd, payable on Monday, August 9th. Under the offer, shareholders need 25 rights to subscribe to 1 new share at a price of $75. Fractional shares can be rounded up to purchase 1 full share. The last day to buy PDQ shares before they go ex rights is:

Suppose you purchase shares in acme gadget company for $10 per share. the company believes there is a 20 percent chance it will fail to earn a discounted future profit of $1.85. what is the expected rate of return on your investment? suppose you purchase shares in acme gadget company for $10 per share. the company believes there is a 20 percent chance it will fail to earn a discounted future profit of $1.85. what is the expected rate of return on your investment?