Please use the following information for Questions #40 & #41. 40. A company with 100 million shares outstanding declares a rights offering where 10 rights plus $10 will entitle the investor to buy one treasury shares. The common shares currently trade at $11 each. What is the value of one right during the ex-rights period, assuming that the common shares increase to $11.50 per share after the rights offering is declared? a) $.09 b) $.10 c) $.14 d) $.15 41. Assume that the rights offering was fully subscribed. How many common shares would be outstanding? a) 10 million b) 100 million c) 110 million d) 200 million