The writer is very fast, professional and responded to the review request fast also. Thank you.
Computer Graphics has announced a rights offering for its shareholders. Carol Stevens owns 1,200 shares of Computer Graphics’ stock. Four rights plus $60 cash are needed to buy one of the new shares. The stock is currently selling for $72 rights-on. What is the value of a right?How many of the new shares could Carol buy if she exercised all her rights? How much cash would this require?Carol does not know if she wants to exercise her rights or sell them. Would either alternative have a more positive effect on her wealth?
Answera) For every 4 shares =1 new share is given For every 1200 shares =1/4*1200=300 new sharesValue of Right = New Shares/Total Shares*(Market price of old one share-Issue price of newshare)…
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more