3. (20 points) Lamar Inc. is attempting to raise $5,000,000 in new equity with a rights offering. The subscription price for the 125,000 new shares will be $40 per share. The stock currently sells for $50 per share and there are 250,000 shares outstanding. What will the new price per share be if all rights are exercised? Calculate the implied rights per share, and then the rights price using two different methods