Consolidated Jewels needs to raise $4 million to pay for its Diamonds in the Rough campaign. It will raise the funds by offering 300,000 rights, each of which entitles the owner to buy 1 new share. The company currently has 3 million shares outstanding priced at $31 each. a. What must be the subscription price on the rights the company plans to offer? (Round your answer to the nearest cent.) Subscription price $ b. What will be the share price after the rights issue? (Round your answer to the nearest cent.) Share price $ c. What is the value of a right to buy one share? (Round your answer to the nearest cent.) Vatue to buy one share $ d. How many rights would be issued to an investor who currently owns 1,000 shares? (Round your answer to the nearest whole value.) Rights issued e. How is the investor who currently holds 1,000 shares affected by the rights issue? The yolucenf the rights plus the vatue of the 1,080 shares after the rights 15su f (cick to telied) the value of the 1,000 shares before the rights issue. is less than equals is mare than