The Clifford Corporation has announced a rights offer to raise $64 million. The stock currently sells for $23 per share and there are 64 million shares outstanding. If the subscription price is set at $8 per share, how many shares must be sold? Enter your answer below. 8000000 Correct response: 8,000,000 > Given that 8,000,000 new shares will be sold, how many rights will it take to buy one share? Enter your answer below. 8 Correct response: 8 What is the ex-rights price (the share price after the offer is complete)? Round your answer to 2 decimal places. Enter your answer below. 21.33 Correct response: 21.330.01 Given that the ex-rights price is $21.33, what is the value of a right? Round your answer to 2 decimal places. Enter your answer below. Number