An investor owns 120 shares of Company ABC that is publicly listed, and the shares are trading at $20 each. The company announces a rights issue in the ratio of 1 for 3, i.e., each investor holding three shares will be eligible to buy one new share. The company announces a discounted price of $12 per share. It means that for every 3 shares (at $20 each) held by an existing shareholder, the company will offer one share at a discounted price of $12. a) What is the value of the investor's portfolio (before rights issue)? b) What is the number of right shares to be received? What is the price that should be paid to buy rights shares? d) What is the total number of shares after exercising rights issue? e) After exercising rights issue, what is the revised value of the investor's portfolio? f) What should be the price per share post rights issue (this is called ex-rights price)? c)