Accountancy, asked by nanz2012, 4 months ago

state the purpose and mode of valuation of right share ?

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Answered by acerttv2020

Answer:

In such a case, the existing shareholders can make a profit by selling his right to such other person because generally the rights shares are offered to the existing shareholders at a price lower than the market price of the shares

Explanation:

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state the purpose and mode of valuation of right share ?​

Answers

state the purpose and mode of valuation of right share ?