Again, Inc., is proposing a rights offering. Presently, there are 600,000 shares outstanding at $63 each. There will be 150,000 new shares offered at $55 each.

a.What is the new market value of the company?(Do not round intermediate calculations.)

New market value = ?

b.How many rights are associated with one of the new shares?(Do not round intermediate calculations.)

Number of rights neededrights= ?

c.What is the ex-rights price?(Do not round intermediate calculations.Round your answer to 2 decimal places (e.g., 32.16).)

Ex-rights price = ?

d.What is the value of a right?(Do not round intermediate calculations.Round your answer to 2 decimal places (e.g., 32.16).)

Value of a right = ?