Problem $14-22$ Rights issues

Associated Breweries is planning to market alcohol$-$free beer. To finance the venture, it proposes to make a rights issue at $$17$ of one

new share for each two shares held. $($The company currently has outstanding $100,000$ shares priced at $$26$ a share.$)$

Assuming that the new money is invested to earn a fair return, give values for the following:

Note: For requirement e$,$ do not round intermediate calculations and round your answer to $2$ decimal places.