(1) Keep at least 4 decimal places for all calculations.

(2) Round your final answers to 4 decimal places. For example, if your answer is -$1,234.56789, please enter -1234.5679.

(3) Do not enter your answers in percentage. All answers are in decimal. For example, if your answer is 12.34567%, please enter 0.1235.

1. ABC Inc. has 10,000 shares outstanding at $33.2 each. They expect to raise $166,795 by a rights offering with a subscription price of $21.3. How many rights must a shareholder have to buy a new share?