Nemesis, Inc., has 205,000 shares of stock outstanding. Each share is worth $79, so the companys market value of equity is $16,195,000. Suppose the firm issues 44,000 new shares at the following prices: $79, $73, and $67.

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.)

		Price Ex-Rights	Effect	Amount
a.					per share
b.					per share
c.					per share