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 entities 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.) 5ubscription price $ b. What will be the share pilce after the rights issue? (Round your answer to the nearest cent.) c. What is the value of a right to buy one share? (Round your answer to the nearest cent.) Yalue to buy one thare 5 d. How many rights would be issued to an investor who currently owns 1,000 shares? (Round your answer to the nearest whole value.) e. How is the investor who currently holds 1,000 shares affected by the rights issue? The value of the pights plus the valoo of the 1,000 slares arter the rights iswe) the value of the 1 , coo shigres berare the ciatits iswe