如果用电脑操作麻烦,可以做到纸上,照下来发我站内邮箱,真的很急,万分感谢!
3.) The M Co. has announced a rights offer. The company has announced that
it will take four rights to buy a new share in the offering at a
subscription price of $40. At the close of business the day before the ex-
rights day, the company’s stock sells for $75 per share. The next morning
you notice that the stock sells for $68 per share and the rights sell for $6
per share.
REQUIRED:
a.) Are the stock and/or the rights correctly priced on the ex-rights day?
w*****n 发帖数: 299
2
上这问作业题来了?
l******e 发帖数: 47
3
恩,是的,因为不会做。
希望好心人能帮忙。
a*****g 发帖数: 12
4
buy 4 rights for $24.
Exercise them to buy 1 share of stock for 40.
Sell the stock for 68.
-24
-40
+68
+4