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Tricki corp stock sells for 45 rights-on and the

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Tricki Corp stock sells for $45 rights-on, and the subscription price is $35. Ten rights are required to purchase one share. Tomorrow the stock of Tricki will go ex-rights. What is the price of Tricki expected to be when it begins trading ex-rights?

$47.23

$44.00

$44.09

$45.00

Reference no: EM13568115

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