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43 Todd Winningham IV has 55.700 10. Todd own shares of her lewe kw.edag common shareholden. Fourts plus 6 cash will buy one new share.

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43 Todd Winningham IV has 55.700 10. Todd own shares of her lewe kw.edag common shareholden. Fourts plus 6 cash will buy one new share. Gallagher dock is setor --1. How many that could Todd buy with us $5.700? Number of rights -- 2. Alternatively, how many shares of stock could he buy with the same $5.700 SM per sharound the nearest whole number) Number of shares b. If Todd Invests his $5.700 in Gallagher rights and the price of Gallagher stock ihes to $88 per share ex his. What will dollor profit on the rights? (First compute profits per right) (Do not round intermediate calculations.) Dollar profit c. If Todd invests his $5700 in Gallagher stock and the price of the stock rises to $88 per share ex tights, what would be his total dollar profit? (Round Intermediate calculations.) Total dollar profit $ d. What would be the answer to part bif the price of Gallagher's stock falls to $60 per share ex rights instead of rising to $88? (Negative answer should be indicated by a minus sign.) Dollar profit / loss on the rights $ e. If Todd invests his $5,700 in Gallagher stock and the price of the stock falls to $60 per share ex rights, what would his dollar profil be? (Negative answer should be indicated by a minus sign.)

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