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Todd Winningham IV has $ 4 , 6 0 0 to invest. He has been looking at Gallagher Tennis Clubs Incorporated common stock. Gallagher has

Todd Winningham IV has $4,600 to invest. He has been looking at Gallagher Tennis Clubs Incorporated common stock. Gallagher has issued a rights offering to its common stockholders. Eight rights plus $46 cash will buy one new share. Gallagher's stock is selling for $62 ex-rights.
a-1. How many rights could Todd buy with his $4,600?
Note: Do not round intermediate calculations and round your answer to the nearest whole number.
Answer is complete but not entirely correct.
\table[[Number of rights,4,600aleph
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