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Show calculations please Keira Mfg. is considering a rights offer. The company has determined that the ex-rights price would be $50. The current price is

image text in transcribedShow calculations please

Keira Mfg. is considering a rights offer. The company has determined that the ex-rights price would be $50. The current price is $55.00 per share and there are 9 million shares outstanding. The rights offer would raise a total of $67,500,000. How many rights are required to get a new share? Round your answer to the nearest integer. Enter your answer below. Correct response: 4 Given that 4 rights are needed to get a new share, what is the subscription price (the price for a new share)? Round your answer to 2 decimal places. Enter your answer below

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