26. The Crandall Corporation currently has 100,000 shares outstanding that are selling at $50 per share. It needs to raise $900,000. Net income after taxes is $500,000. Its vice-president of finance and its investment dealer have decided on a rights offering, but they are not sure how much to discount the subscription price from the current market value. Discounts of 10 percent, 20 percent, and 40 percent have