Rights Offering. The Clifford Corporation has announced a rights offer to raise $28 million for a new journal, the Journal of Financial Excess. This journal will review potential articles after the author pays a nonrefundable reviewing fee of $5,000 per page. The stock currently sells for $27 per share, and there are 2.9 million shares outstanding. a. What is the maximum possible subscription price? What is the minimum? b. If the subscription price is set at $25 per share,