Vidyalelo
Commerce · Q2273

Accounting

Graduate and Post Graduate · Commerce · question 2273

Q2273

Raj industires limited offers equity shares to its existing shareholders at the rate of 2 shares for every 5 shares held by them. If the right issue price is Rs. 180 per share and the market value is Rs. 200 per share, then the value of a right is

A.
Rs. 20
Answer
B.
Rs. 180
C.
Rs. 200
D.
Rs. 40

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board