Crawford, Inc., has 107,000 shares of stock outstanding. Each share is worth $62, so the companys market value of equity is $6,634,000. Suppose the firm issues 20,000 new shares at the following prices: $62, $59, and $54. What will the effect be of each of these alternative offering prices on the existing price per share? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Leave no cells blank; if there is no effect select "No change" from the dropdown and enter "0".)

A.$62

B.$59

C.$54

Price Ex Rights Effect a. Amount per share per share per share $62 $59 $54 b. c