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Todd Winningham IV has $5.500 to invest. He has been looking at Gallagher Tennis Clubs Inc. common stock Gallagher has issued a rights offering to

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Todd Winningham IV has $5.500 to invest. He has been looking at Gallagher Tennis Clubs Inc. common stock Gallagher has issued a rights offering to its common stockholders. Four rights plus $60 cash will buy one new share. Gallagher's stock is selling for $76 ex rights 0-1. How many rights could Todd buy with his $5.500? (Do not round intermediate calculations and round your answer to the nearest whole number.) Number of its 246 --2. Alternatively, how many shares of stock could he buy with the same $5,500 at $76 per share? (Do not round intermediate calculations and round your answer to the nearest whole number.) Number of shares b. If Todd invests his $5,500 in Gallagher rights and the price of Gallagher stock rises to $84 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.) D c. If Todd Invests his $5,500 in Gallagher stock and the price of the stock rises to $84 per share ex-rights, what would his total dollar profit be? (Use the rounded number of shares from part o-2. Do not round any other intermediate calculations and round your answer to the nearest whole dollar.) Tots do proti d. If Todd Invests his $5.500 in Gallagher rights and the price of Gallagher's stock falls to $52 per share, ex-rights, what would his dollar profit on the rights be? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole dollar.) Dollar profiles e. If Todd Invests his $5.500 in Gallagher stock and the price of Gallagher's stock falls to $52 per share ex-rights, what would be his total dollar profit (Negative amount should be indicated by a minus sign. Use the rounded number of shares from part a-2. Do not round any other intermediate calculations and round your answer to the nearest whole dollar.) Doar protoss on the stock

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