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The Investor Challenge / Re: investor challenge
« on: November 15, 2013, 07:35:43 am »both - allowed to sell the rights or buy the rights shares
Giving the option would be a tough ask. I'd like to fix on one solution. Either assume everyone would sell their rights and just increase the total cash on hand, the easiest solution, if I can figure out what the sale price of the rights is. Option B is to assume everyone would exercise their rights and allocate the right amount of shares to people. This could be a little problematic as I have to do that before the next deposit, and let the cash go into negative until the deposit has been made.
What generally happens in a case like this, do most people exercise their rights or sell their rights? And if they sell, is there a standard price?