Mr. and Mrs. Anderson won five shares of Magic Tricks Corporation's common stock. The market value of the stock is $60. The Andersons also have $48 in cash. They have just received word of a rights offering. One new share of stock can be purchased at $48 for each five shares currently owned (based on five rights). a. what is the value of a right? R= b. What is the value of the Anderson's portfolio before the rights offering? (Portfolio is stock plus cash) stock= cash= total portfolio value= c. 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? diluted value= stock= cash= total portfolio value= d. if they sell their five rights but keep their stock at its diluted value and hold on to their cash, what will be the value of their portfolio? stock= total proceeds from sale of 5 rights= cash= total portfolio value=