Suppose you own 71,000 shares of common stock in a firm with 2 million total shares outstanding. The firm announces a plan to sell an additional 1.1 million shares through a rights offering. The market value of the stock is $50.74 before the rights offering and the new shares are being offered to existing shareholders at a $8 discount. If you exercise your preemptive rights, how many of the new shares can you purchase? (Round answer to a whole number. e.g., 123,456)
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Suppose you own 71,000 shares of common stock in a firm with 2 million total shares outstanding. The firm announces a plan to sell an additional 1.1 million shares through a rights offering. The market value of the stock is $50.74 before the rights offering and the new shares are being offered to existing shareholders at a $8 discount. If you exercise your preemptive rights, how many of the new shares can you purchase? (Round answer to a whole number. e.g., 123,456)
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- Suppose you own 32,000 shares of common stock in a firm with 1.6 million total shares outstanding. The firm announces a plan to sell an additional 0.8 million shares through a rights offering. The market value of the stock is $32 before the rights offering and the new shares are being offered to existing shareholders at a $2 discount. a. If you exercise your preemptive rights, how many of the new shares can you purchase?b. What is the market value of the stock after the rights offering? (Enter your answer in millions rounded to 1 decimal place. (e.g., 32.1))c-1. What is your total investment in the firm after the rights offering? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places. (e.g., 32.16))c-2. If you exercise your preemptive right how many original shares and how many new shares do you have?d-1. If you decide not to exercise your preemptive rights, what is your investment in the firm after the rights offering? (Do not round…Suppose you own 500,000 shares of common stock in a firm with 40 million total shares outstanding. The firm announces a plan to sell an additional 5 million shares through a rights offering. The market value of the stock is $32.5 before the rights offering and the new shares are being offered to existing shareholders at a $2.50 discount. If you exercise your preemptive rights, how many of the new shares can you purchase? a. 100,000 shares b. 50,000 shares c. 62,500 shares d. 32,500 shares e. 45,000 sharesSuppose you own 1,000 common shares of Laurence Incorporated. The EPS is $12.00, the DPS is $5.00, and the stock sells for $75 per share. Laurence announces a 2-for-1 split. Immediately after the split, how many shares will you have? Round your answer to the nearest whole number. shares What will the adjusted EPS and DPS be? Round your answers to the nearest cent. EPS: $ DPS: $ What would you expect the stock price to be? Round your answer to the nearest cent.
- -Suppose you own 1,000 common shares of Laurence Incorporated. The EPS is $10.00, the DPS is $3.00, and the stock sells for $75 per share. Laurence announces a 2-for-1 split. Immediately after the split, how many shares will you have? - What will the adjusted EPS and DPS be? Round your answers to the nearest cent. -What would you expect the stock price to be? Round your answer to the nearest cent.Parts D-1 and D-2 please. Suppose you own 32,000 shares of common stock in a firm with 1.6 million total shares outstanding. The firm announces a plan to sell an additional 0.8 million shares through a rights offering. The market value of the stock is $32 before the rights offering and the new shares are being offered to existing shareholders at a $2 discount. a. If you exercise your preemptive rights, how many of the new shares can you purchase?b. What is the market value of the stock after the rights offering? (Enter your answer in millions rounded to 1 decimal place. (e.g., 32.1))c-1. What is your total investment in the firm after the rights offering? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places. (e.g., 32.16))c-2. If you exercise your preemptive right how many original shares and how many new shares do you have?d-1. If you decide not to exercise your preemptive rights, what is your investment in the firm after the rights…Suppose you own 1,000 common shares of Laurence Incorporated. The EPS is $12.00, the DPS is $5.00, and the stock sells for $75 per share. Laurence announces a 2-for-1 split. Immediately after the split, how many shares will you have? Round your answer to the nearest whole number. What will the adjusted EPS and DPS be? Round your answers to the nearest cent.
- Suppose you own 2,000 common shares of Laurence Incorporated. The EPSis $10.00, the DPS is $3.00, and the stock sells for $80 per share. Laurenceannounces a 2-for-1 split. Immediately after the split, how many shareswill you have, what will the adjusted EPS and DPS be, and what would youexpect the stock price to be?Toronto Corporation wants to raise $1,210,000 via a rights offering. The company currently has 220,000 shares of common stock outstanding that sells for $32 per share. The issue will allow current stockholders to purchase one additional share for 5 rights. a) What will be the ex-rights stock price, the value of a right, and the appropriate subscription price? b) If 2 rights are needed to purchase on additional share, how does the stockholders’ wealth change? c) Why do you think the company chose a rights issue rather than a general cash offer to raise new capital?Jefferson Refining is issuing a rights offering wherein every shareholder will receive one right for each share of equity they own. The new shares in this offering are priced at £21 plus 3 rights. The current market value of the equity is £75 million with 3 milion shares outstanding. What is the value of one right? Show your steps. can u please upload the excel file
- A firm wants to raise $40 million through a rights offering. The subscription price is set at $40. Currently, the company has 3 million shares outstanding with a current market price of $50 a share. Each shareholder will receive one right for each share of stock they currently own. How many rights will be needed to purchase one new share of stock in this offering? 4 6.Suppose that you own 1,800 shares of Nocash Corp. and the company is about to pay a 25% stock dividend. The stock currently sells at $115 per share. a. What will be the number of shares that you hold after the stock dividend is paid? (Do not round intermediate calculations.) b. What will be the total value of your equity position after the stock dividend is paid? (Do not round intermediate calculations.) c. What will be the number of shares that you hold if the firm splits five-for-four instead of paying the stock dividend?Suppose you have 100 common shares of Tillman Industries. The EPS is $4.00, theDPS is $2.00, and the stock sells for $60 per share. Now Tillman announces a twofor-one split. Immediately after the split, how many shares will you have, what willbe the adjusted EPS and DPS, and what would you expect the stock price to be?