Appu Asked a Question
June 11, 2021 1:10 pmpts 1 pts
A ltd has a share capital of 5000 equity shares of rs100 each having a market value of rs150 per share .the company wants to raise additional funds of rs 1,20000 and offers to the existing shareholders the right to apply for a new share at rs120 for every 5 share held what would be the value of right
  • 1 Answer(s)
  • 0 Likes
  • 1 Comments
  • Shares
  • Priya gulani thankyou
    market value of share already held 5*150=. 750 add price to be paid for buying one share 120 total shares (6) = 870 average price 870/6= 145 value of right = market value - average...
    Show more
    Likes(0) Reply(0)
Head Office :
MPA 44, 2nd floor, Rangbari Main Road,
Mahaveer Nagar II, Kota (Raj.) – 324005

Corporate Office:
212, F-1, 2nd Floor, Evershine Tower,
Amrapali Marg,
Vaishali Nagar, Jaipur (Raj.) – 302021

Mail: info@eduncle.com
All Rights Reserved © Eduncle.com