CP plc

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May 29, 2015 at 3:42 pm #250268
Kamila
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The share price of CP plc is $4 per share.
They announce a 1 for 5 rights issue at $3.10 per share.

What % of the rights offered to a shareholder does the shareholder need to take up so as to have no net cash flow resulting from the issue?

Could you please explain how to solve this
May 29, 2015 at 4:00 pm #250282
John Moffat
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You must watch the free lecture on rights issues (it is part of the sources of finance – equity lectures) where I explain how to deal with this.
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