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Business, 30.03.2020 15:23 ymlantigua21

XYZ Corporation has declared a rights offering to stockholders of record on Wednesday, November 15th. Under the offer, shareholders need 5 rights to subscribe to 1 new share at a price of $24. Fractional shares can be rounded up to purchase 1 full share. A customer owning 200 shares wishes to subscribe. The market price of the stock is currently $34. The customer can buy:

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XYZ Corporation has declared a rights offering to stockholders of record on Wednesday, November 15th...
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