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Todd Winningham IV has 54,300 to invest. He has been looking at Gallagher Tennis Clubs inic, common stock Gallagher has issued a rights offering to

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Todd Winningham IV has 54,300 to invest. He has been looking at Gallagher Tennis Clubs inic, common stock Gallagher has issued a rights offering to its common stockholders Seven rights plus $42 cash will buy one new share. Gallagher's stock is selling for $56 ex nights 0-1. How many rights could Todd buy with his $4,300? (Do not round intermediate calculations and round your answer to the nearest whole number.) Number of rights 0-2. A ematively, how many shares of stock could he buy with the same 54 300 a $56 per share? (Do not found intermediate calculations and round your answer to the nearest whole number) Number of shares b. If Todd invests his S4300 in Gallagher rights and the price of Gallagher stock rises to $62 per share ex rights, what would his dollar profit on the rights be? (First compute profit per right) (Do not round intermediate calculations and round your answer to the nearest whole dollar) Dotar profit 62 c. If Todd invests his $4,300 in Gallagher stock and the price of the stock rises to $62 per share ex-rights, what would his total dollar profit be? (Use the rounded number of shares from part 0-2. Do not round any other intermediate calculations and round your answer to the nearest whole dollar.) Total dollar profit d. If Todd invests his $4 300 in Gallagher rights and the price of Gallagher's stock falls to $35 per share, ex-rights, what would h dollar profit on the rights be? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations round your answer to the nearest whole dollar.) Dollar prolitloss . Todd invests his $4,300 in Gallagher stock and the price of Gallagher's stock falls to $35 per share ex-rightswat would be his total dollar profit? (Negative amount should be indicated by a minus sign. Use the rounded number of shares from porta-2. Do not round any other intermediate calculations and round your answer to the nearest whole dollar) Dollar profiles on the stock

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