3. Suppose you own 50,000 shares of common stock in a to the board? firm with 2.5 million total shares outstanding. The firm announces a plan to sell an additional 1 million shares through a rights offering. The market value of the stock is $35 before the rights offering and the new shares are being offered to existing shareholders at a $5 discount. (LG 8-3) the c. What is your total investment in the firm after the rights offering? How is your investment split between original shares and new shares