Question

Direction : Choose the correct altematives-
1. Following are the information pertaining to X
Ltd.: Right to buy one share @ 17 per share
for every five shares of Rs. 10 each held in the
company. Market value of the shares on the
date of such offer is Rs. 35 per share.
Which one of the following is the value of right?
(2) Rs. 8.67 (b) Rs.3.00
(c) Rs.4.50 (d) Rs. 13.00​

Answer 1

Answer:

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