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The Jezebel Cosmetics Company has announced a rights offer to raise $5.0 million. The company's stock currently sells for $35 per share, there are 1.2

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The Jezebel Cosmetics Company has announced a rights offer to raise $5.0 million. The company's stock currently sells for $35 per share, there are 1.2 million shares outstanding, and one right will be granted for each outstanding share. The subscription price is set at $25 per share. What is the ex-rights price per share? How much is each right worth? What is the after rights price of the stock? Round off two decimal places

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