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The ZYX Corporation intends to issue 50,000 new shares to raise funds for expansion of current plant facilities. The current share price is $40 and there are 500,000 shares outstanding. The number of rights needed to buy a share of stock should be:
Unanimity
Complete agreement among all members of a group or committee, often achieved through consensus.
Escalation Of Commitment
The decision-making error of investing additional resources in a failing course of action due to commitments already made.
Market Share
The percentage of an industry's sales that a particular company controls, signifying the company’s size and competitiveness in the market.
Informational Influence
The effect of information or knowledge from others in shaping one’s beliefs, attitudes, or behaviors, often occurring in social settings where individuals look to others for guidance in uncertain situations.
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