There are 500000 shares in a company where the share price is $5.5.the company want to raise $1000000 using rights issue incurring an insurance cost of $25000.rights price is $4.5 per share. find out the value of right?
options are:
a).65
b).77
c).50
d).98
Ask the Tutor ACCA FM
rights issue
7y ago#1There is no point in simply setting me a test question and expecting an answer. You must have an answer in the same book in which you found the question, so ask about whatever it is in the answer that you are not clear about and then I will explain.
Have you watched my free lectures on rights issues?
The lectures are a complete free course for Paper FM and cover everything needed to be able to pass the exam well.
Sir,it was a mock exam question.so i couldn't review the answer.sorry....
7y ago#3But surely whichever company provided you with the mock exam has now provided you with the answers :-)
And have you watched my free lectures on this?
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