2. Answer the questions. Before rights offering After rights offering Value of equity $200,000,000 $240,000,000 # of shares 10,000,000 ) Stock price $20 ) New equity capital 40,000,000 Subseription price $10 #of new shares ) # of rights Conversion ratio for a right to a new share ) Value of a right ) 1) Figure out the number of new shares based on subscription price. (20points) 2) Figure out the conversion ratio for a right to a new share. (20points) 3) Figure out the stock price after the rights offering. (20points) 4) Figure out the value of a right. (20points)