Mr. and Mrs. Anderson own three shares of Magic Tricks Corporation's common stock. The market value of the stock is $70. The Andersons also have $58 in cash. They have just received word of a rights offering. One new share of stock can be purchased at $58 for each three shares currently owned (based on three rights). (Do not round intermediate calculations and round your answers to the nearest whole dollar.) a. What is the value of a right? b. What is the value of the Andersons' portfolio before the rights offering? (Portfolio in this question represents stock plus cash.) c-1. Compute the diluted value (ex-rights) per share. c-2. If the Andersons participate in the rights offering, what will be the value of their portfolio, based on the diluted value (ex-rights) of the stock? d. If they sell their rights but keep their stock at its diluted value and hold on to their cash, what will be the value of their portfolio