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 conducting a rights offering

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 conducting a rights offering. Currently, there are 2,000,000 existing shares outstanding at $90 each. The plan is to sell another 800,000 new shares through a rights offering at a subscription price of $85 each. a. (2 pts) What will be the new market value of the company? b. (2 pts) What will the stock price be after the rights offering? C. (1 pt) What is the value of a right?