Associated Breweries is planning to market alcohol-free beer. To finance the venture it proposes to make a rights issue at $11 of one new share for each eight shares held. (The company currently has outstanding 160,000 shares priced at $29 a share.) Assuming that the new money is invested to earn a fair return, give values for the following: a. Number of new shares b. Amount of new investment $ c. Total value of company after issue d. Total number of shares after issue

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