Explore BrainMass
Share

Rights on Price

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

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:

© BrainMass Inc. brainmass.com December 20, 2018, 8:19 am ad1c9bdddf
https://brainmass.com/business/business-law/rights-on-price-441517

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