MOCK Ex-rights value of sharesForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › MOCK Ex-rights value of sharesThis topic has 2 replies, 3 voices, and was last updated 9 years ago by John Moffat.Viewing 3 posts - 1 through 3 (of 3 total)AuthorPosts May 14, 2015 at 8:37 pm #246008 MosesMemberTopics: 7Replies: 11☆Share price is $4, issues 1 for 5 rights at $3.10Answer is given as $0.15 yet I think it should be $0.75I.e 5×4 = 20 1×3.1 3.1 =23.1/6 = 3.85 3.85-3.1= $0.75 May 15, 2015 at 2:40 am #246040 jonyrazibMemberTopics: 12Replies: 29☆Hey bro .75 is for 5 existing share !! so .75/5 =.15 May 15, 2015 at 8:54 am #246072 John MoffatKeymasterTopics: 57Replies: 54478☆☆☆☆☆jonyrazib is correct!AuthorPostsViewing 3 posts - 1 through 3 (of 3 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In