The Oakville Corporation wants to raise $5.486,250 via a rights offering. The company currently has 750,000 shares of common stock outstanding that sell for $50 per share. Its underwriter has set a subscription price of $35 per share and will charge the company a spread of 5 percent. Calculate the net proceed per share that will be received by the Oakville Corporation 1. Calculate the number of new shares that must be issued to raise the fun needed 1. Calculate the number of rights needed to purchase one new share iv . Calculate the value of a right Calculate the value of a ex-right price vi . If you currently own 5,000 shares of stock in the Oakville Corporation and decide not to participate in the rights offering, how much money can you get by selling your rights? Input Area Amount of funds to be raised Number of shares outstanding Stock price Subscription price per share Spread charged Shares currently owned $5,486,250.00 750,000 550.00 $ 35.00 5% 5,000 Output Area: Net proceeds to company per share New shares needed Number of rights needed I Ex-rights price OOO V Value of a right vi Proceeds from Selling Your Rights