Berczy Inc. is proposing a rights offering. Currently there are 800,000 shares outstanding at $77 each. There will be 160,000 new shares offered at $70 each. a. What is the new market value of the company? New market value $ b. How many rights are associated with one of the new shares? Number of rights needed c. What is the ex-rights price? Ex-rights price $ d. What is the value of a right? Value of a right $.