Which of the statement about a rights issue is correct

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Problem 1: Which of the following statement about a rights issue is correct?

a. The share price can be expected to increase on the ex-rights date

b. If you buy shares cum-rights you are not entitled to participate in the rights issue

c. The subscription price is usually greater than the market price

d. A rights issue is offered to an investor whether they are an existing shareholder or not

e. On the ex-rights date the rights separate from the share

Reference no: EM132760070

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