Share
Explore BrainMass

Rights on Price

The Holly Corporation has a new rights offering that allows you to buy one share of stock with 4 rights and $25 per share. The stock is now selling ex-rights for $30. The price rights-on is:

Solution Preview

The Holly Corporation has a new rights offering that allows you to buy one share of stock with 4 rights and $25 per share. The stock is now selling ex-rights for ...

Solution Summary

Calculates Rights on price for a stock.

$2.19