Business
Business, 05.05.2020 06:00, depaze6652

XYZ Corporation has declared a rights offering to stockholders of record on Wednesday, November 15th, payable on Tuesday, December 5th. Under the offer, shareholders need 5 rights to subscribe to 1 new share at a price of $24. Fractional shares can be rounded up to purchase 1 full share. The last day to buy XYZ shares before they go ex rights is:

A. Friday, November 10th
B. Monday, November 13th
C. Tuesday, December 5th
D. Wednesday, December 6th

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Answers: 1

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XYZ Corporation has declared a rights offering to stockholders of record on Wednesday, November 15th...

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