This paper circulates around the core theme of FNCE 370 – TUV Guy Inc. is proposing a rights offering. together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
TUV Guy Inc. is proposing a rights offering. There are currently 240,000 shares outstanding at $80 each. There will be 60,000 new shares offered at $60 each. (10 marks)What is the new market value of the company?How many rights are associated with one of the new shares?What is the value of a right?What is the ex-rights price per share?Why might a company have a rights offering rather than a general cash offer?