To Determine the Value of a Rights the Stockholder Needs

question 22

Multiple Choice

To determine the value of a rights the stockholder needs to know what two pieces of information in addition to the current stock price:

• A) the subscription price and the number of rights needed to acquire a new share.
• B) the amount of new equity to be raised and the number of rights needed to acquire a new share.
• C) the amount of new equity to be raised and standby fee.
• D) the detachment date and the subscription price.

---

Definitions:

League Of Women Voters

A nonpartisan organization founded in the United States in 1920 to promote informed and active participation in government and to increase understanding of major public policy issues.

Public Interest Groups

Organizations that work to advance, protect, or advocate for the interests and well-being of the general public or specific segments of it.

Ralph Nader

An American activist, author, lecturer, and attorney noted for his involvement in consumer protection, environmentalism, and government reform movements.

Citizen Action

Involves individual or collective initiatives taken by citizens to address issues of public concern, influencing policy decisions, or bringing about social change.