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Berczy Inc. is proposing a rights offering. Currently there are 5 0 0 , 0 0 0 shares outstanding at $ 6 1 each. There

Berczy Inc. is proposing a rights offering. Currently there are 500,000 shares outstanding at $61 each. There will be 25,000 new shares offered at $49 each.
a. What is the new market value of the company? (Omit $ sign in your response.)
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? (Round the final answer to 2 decimal places. Omit $ sign in your response.)
Ex-rights price $
d. What is the value of a right? (Do not round your intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.)
Value of a right $

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