Botes Botting Co. has issued rights to its shareholders. The subscription price is $54 and seven rights are needed along with the subscription price to buy one of the new shares. The stock is selling for 567 rights-on, a. What would be the value of one right? (Do not round intermediate calculations and round your answer to 2 decimal places) Answer is complete but not entirely correct. Valon of one right 21.00 b. If the stock goes ex-rights, what would the new stock price be? (Do not round intermediate calculations and round your answer to 2 decimal places.) New stock price