Nemesis, Inc., has 119,000 shares of stock outstanding. Each share is worth $41, so the companys market value of equity is $4,879,000. Suppose the firm issues 25,000 new shares at the following prices: $41, $38, and $33.

What will be the ex-rights price and the effect of each of these alternative offering prices on the existing price per share? (Leave no cells blank; if there is no effect select "No change" from the dropdown and enter "0". Round your answers to 2 decimal places, e.g., 32.16.)