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Direction : Choose the correct altematives-1. Following are the information pertaining to XLtd.: Right to buy one share @ 17 per sharefor every five shares of Rs. 10 each held in thecompany. Market value of the shares on thedate 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 |
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