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Business, 24.03.2020 03:34 isabellemdeakin

Nemesis, Inc., has 185,000 shares of stock outstanding. Each share is worth $75, so the company’s market value of equity is $13,875,000. Suppose the firm issues 36,000 new shares at the following prices: $75, $69, and $63.What will be the ex-rights price and the effect of each of these alternative offering prices on the existing price per share? (Leave no cells blank; if there is no effect select "No change" from the dropdown and enter "0". Round your answers to 2 decimal places, e. g., 32.16.)

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Nemesis, Inc., has 185,000 shares of stock outstanding. Each share is worth $75, so the company’s ma...
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