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corporate finance 4. Hickok, Inc. is proposing a rights offering. Presently, there are 350, 000 shares outstanding at 564 each. There will be 50,000 new

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4. Hickok, Inc. is proposing a rights offering. Presently, there are 350, 000 shares outstanding at 564 each. There will be 50,000 new shares offered at $64 each. a. What is the new market value of the company? b. How many rights are associated with one of the new shares c. What is the ex-rights price? d. What is the value of a right? e. Why might a company have a rights offering rather than a general cash offer

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