Damron, Incorporated, has 265,000 shares of stock outstanding. Each share is worth $91, so the companys market value of equity is $24,115,000. Suppose the firm issues 68,000 new shares at the following prices: $91, $85, and $79. What will be the ex-rights price and the effect of each of these alternative offering prices on the existing price per share? (Leave no cells blank; if there is no effect select "No change" from the dropdown and enter "0". Round your answers to 2 decimal places, e.g., 32.16.)

price ex rights effect amount

A. $ 91.0 per share

B.$ 85.0 per share

C.$ 79.0 per share