Prahm Corp. wants to raise $5.4 million via a rights offering. The company currently has 600,000 shares of common stock outstanding that sell for $55 per share. Its underwriter has set a subscription price of $26 per share and will charge the company a spread of 5 percent. If you currently own 3,000 shares of stock in the company and decide not to participate in the rights offering, how much money can you get by selling your rights? (Do not round intermediate calculations and round your answer to 2 decimal places,e.g., 32.16.) Answer is complete but not entirely correct. Your proceeds from sale of rights 22,380.00 Wayne, Inc., wishes to expand its facilities. The company currently has 6 million shares outstanding and no debt. The stock sells for $32 per share, but the book value per share is $10. Net income is currently $3 million. The new facility will cost $48 million, and it will increase net income by $840,000. Assume a constant price-earnings ratio. a-1. Calculate the new book value per share. (Do not round intermediate calculations a-2. Calculate the new EPS. (Do not round intermediate calculations and round your a-3. Calculate the new stock price. (Do not round intermediate calculations and round a-4. Calculate the new market-to-book ratio. (Do not round intermediate calculations b. What would the new net income for the company have to be for the stock price to and round your answer to 2 decimal places, e.g., 32.16.) answer to 4 decimal places, e.g.,32.1616.) your answer to 2 decimal places, e.g., 32.16.) and round your answer to 4 decimal places, e.g., 32.1616.) remain unchanged? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) a-1 New book value per share a-2. New EPS a-3. New stock price a-4. New market-to-book ratio b.Net income 0.5120 32.77 3,750,000