EV Corporation is planning on building a new production (manufacturing and assembly) plant for the next generation of their clean automobile line. The company is currently an all-equity company with 20,000,000 shares outstanding each share is priced at $25 dollars. They are considering a rights offering (where each currently outstanding share would receive 1 right) and it would take 4 rights plus $21 dollars to buy a new share. What would be the value of 1 right if it were sold to another investor