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
B. Rs. 180
C. Rs. 200
D. Rs. 40
Answer: Option A
This Question Belongs to Commerce >> Accounting
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