Asked by Anonymous

the standard company is interested in raising new equity capital through rights issue/offering. its current capital consists of 900,000 shares. it would set subscriptions price at $50 a share of one new share for every 25 shares held and anticipates that share would sell for $58 with rights.
what was the total amount of new money raised?
what was the perspective stock price after issue?

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Answered by Mehwish
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