A company's stock currently sells for $$93$ per share. Last week the firm issued rights to

raise new equity. To purchase a new share, a stockholder must remit $$20$ and three

rights.

a$.$ What is the ex$-$rights stock price? $($Do not round intermediate calculations and round

your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$.$ What is the price of one right? $($Do not round intermediate calculations and round

your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$