Knight Inventory Systems, Incorporated, 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 orice of $29. At the close of business the day before the ex-rights day, the company's stock sells for $50 per share. The next morning, you notice that the stock sells for $44 per share and the rights sell for $2 each. What is the value of the stock ex-rights? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) o. What is the value of a right? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) . Are the rights underpriced or overpriced? d. What is the amount of immediate profit per share that 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.)