Hickock, Inc., is proposing a rights offering. Presently there are 600,000 shares outstanding at $57 each. There will be 25,000 new shares offered at $47 each. a. What is the new market value of the company? (Do not round intermediate calculations.) New market value $ b. How many rights are associated with one of the new shares? (Do not round intermediate calculations.) Number of rights needed c. What is the ex-rights price? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Ex-rights price $ d. What is the value of a right? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Value of a right $