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Mr. and Mrs. Anderson own three shares of Magic Tricks Corporation's common stock. The market value of the stock is $72. The Andersons also have $60 in cash. They have just received word of a rights offering. One new share of stock can be purchased at $60 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? Value per right b. What is the value of the Andersons' portfolio before the rights offering? (Portfolio in this question represents stock plus cash.) Portfolio value c-1. Compute the diluted value (ex-rights) per share. Diluted value 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? Portfolio value