Hello. Just a quick question, why do we deduct the new shares bought in the rights issue from the total value? In this case the $1200 from the $10500? Don't those new shares add to the wealth?
C
Chris·
I've come across this older comment and thought I'd respond just in case it could benefit others viewing this video. We deduct the $1,200 because we've had to cover the costs of the rights issue and obtain the 200 shares.
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