Myers Inc. currently has $5,750,000$ shares outstanding, and they trade at a price of $$23\mathrm{.}76.$ They need to raise $$35,000,000$ in new funding, and will execute a Rights Offering at a subscription price of $$18\mathrm{.}00$ per share.

At the current share price, what will be the price of one Right leading up to the subscription?

Group of answer choices

$$3\mathrm{.}04$

$$1\mathrm{.}46$

$$1\mathrm{.}74$

$$22\mathrm{.}30$

$$2\mathrm{.}96$