Assuming Everything Else Is Constant,if a Stock's Old Price Is

question 15

Multiple Choice

Assuming everything else is constant,if a stock's old price is $25 and the ex-rights or new stock price is $19,then the value of the right is:

• A) -$6.
• B) $6.
• C) impossible to determine without the subscription price.
• D) impossible to determine without the number of rights needed to buy one share.