The okuno corporation is making a rights issue at 5 a share, Financial Management

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The okuno corporation is making a rights issue at 5 a share

The Okuno Corporation is making a rights issue at $5 a share of one new share for every two shares currently held. The stock price before the issue was $20. Suppose that you currently own 2000 shares and that you wish to maintain the same dollar stake in the company after the issue. How many shares should you buy?

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Financial Management: The okuno corporation is making a rights issue at 5 a share

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Financial Management: The okuno corporation is making a rights issue at 5 a share

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