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Bowman, Inc., is proposing a rights offering. Presently there are 400,000 shares outstanding at $54 each. There will be 25,000 new shares offered at $45

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Bowman, Inc., is proposing a rights offering. Presently there are 400,000 shares outstanding at $54 each. There will be 25,000 new shares offered at $45 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? (Round your answer to 2 decimal places. (e.g., 32.16)) Ex-rights price $ d. What is the value of a right? (Round your answer to 2 decimal places. (e.g., 32.16)) Value of a right CA

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