Mitsi Inventory Systems Inc. has announced a rights offer. The company has announced that it will take Two rights to buy a new share in the offering at a subscription price of $57. At the close of business the day before the ex-rights day, the company's stock sells for $75 per share. The next morning you notice that the stock sells for $69 per share and the rights sell for $2 each. What is the value of the stock ex rights? (Do not round intermediate calculations. Omit $ sign in your response.) Stock ex rights $ What is the value of the rights? (Do not round intermediate calculations. Omit $ sign in your response.) Value of the rights Are the rights underpriced or overpriced? O Overpriced Underpriced What is the amount of instant profit you can make on ex-rights day per new share? (Do not round intermediate calculations. Omit $ sign in your response.) Instant profit $