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Culinary Delights Inc. is currently valued at $340.585 million and needs an extra $43.0 million in funding. To this end, the firm will conduct a rights issue. There are currently 12.95 million shares outstanding. Two alternative plans are being considered: Scenario 1: The firm conducts a 7:1 rights issue. Assuming all rights will be exercised (and ignoring issuance costs), what is the lowest subscription price the company can offer to raise the necessary funds? $ What percentage discount from the current price does the subscription price represent (enter a positive number)? % What is the value of the right in this case? $ Scenario 2: The firm wants to set the subscription price discount from the pre-issue price to 5.0%, but still raise the exact same amount. How many shares does a shareholder need to own in this case in order to receive 1 right (fractional numbers are allowed, 3 decimals)? What will be the post-issue share price? $ Culinary Delights Inc. is currently valued at $340.585 million and needs an extra $43.0 million in funding. To this end, the firm will conduct a rights issue. There are currently 12.95 million shares outstanding. Two alternative plans are being considered: Scenario 1: The firm conducts a 7:1 rights issue. Assuming all rights will be exercised (and ignoring issuance costs), what is the lowest subscription price the company can offer to raise the necessary funds? $ What percentage discount from the current price does the subscription price represent (enter a positive number)? % What is the value of the right in this case? $ Scenario 2: The firm wants to set the subscription price discount from the pre-issue price to 5.0%, but still raise the exact same amount. How many shares does a shareholder need to own in this case in order to receive 1 right (fractional numbers are allowed, 3 decimals)? What will be the post-issue share price? $