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Todd Winningham IV has $ 4 , 5 0 0 to invest. Todd owns shares of Gallagher Tennis Clubs Inc. Gallagher has issued a rights

Todd Winningham IV has $4,500 to invest. Todd owns shares of Gallagher Tennis Clubs Inc. Gallagher has issued a rights offering to its common shareholders. Five rights plus $44 cash will buy one new share. Gallagher's stock is selling for $59 ex-rights.
a-1. How many rights could Todd buy with his $4,500?
Number of rights
a-2. Alternatively, how many shares could he buy with the same $4,500 at $59 per share? (Round the final answer to the nearest whole number.)
Number of shares
b. If Todd invests his $4,500 in Gallagher rights and the price of Gallagher stock rises to $65 per share ex-rights, what would be his dollar profit on the rights? (First compute profits per right.)(Do not round intermediate calculations.)
Dollar profit $
c. If Todd invests his $4,500 in Gallagher shares and the price of a share rises to $65 per share ex-rights, what would be his total dollar profit? (Round intermediate calculations.)
Total dollar profit
$
d. What would be the answer to part b if the price of a Gallagher share price falls to $36 per share ex-rights instead of rising to $65?(Negative answer should be indicated by a minus sign.)
Dollar profit / loss on the rights
$
e. If Todd invests his $4,500 in Gallagher stock and the price of the stock falls to $36 per share ex-rights, what would his dollar profit be?(Negative answer should be indicated by a minus sign.)
Dollar nrefit / Ince on the stork
$
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