Knight Inventory Systems, Inc., has announced a rights offer. The company has announced that it will take four rights to buy a new share in the offering at a subscription price of $40. At the close of business the day before the ex-rights day, the company's stock sells for $80 per share. The next morning, you notice that the stock sells for $60 per share and the rights sell for $3 each. What is the value of a right? (Do not round intermediate calculations and answer to the nearest whole number, e.g., 32.) Value of a right What is the amount of immediate profit you can make on ex-rights day per share? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Immediate profit