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Chanelle, Inc., is proposing a rights offering. Presently, there are 500,000 shares outstanding at $46 each. There will be 125,000 new shares offered at $38

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Chanelle, Inc., is proposing a rights offering. Presently, there are 500,000 shares outstanding at $46 each. There will be 125,000 new shares offered at $38 each. a. What is the new market value of the company? (Do not round Intermediate calculations and round your answer to the nearest whole number, 0.g., 32.) New market value b. How many rights are associated with one of the new shares? (Do not round Intermediate calculations and round your answer to the nearest whole number, o... 32.) he new shares on Number of rights needed c. What is the ex-rights price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Ex-rights price d. What is the value of a right? (Do not round intermediate calculations and round your answer to 2 decimal places, 0.9., 32.16.) Value of a right

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