2). (6 points) US Air plans to raise $20 Million in new equity by means of a rights offering with a price of $100 per share. The stock currently sells for $200 per share and there are 4 Million shares outstanding. But unexpectedly, 20% of the rights issued are NOT exercised (these rights are wasted). What should the ex-rights price be then? (Hint: this is not the standard setting, so you cannot apply the formula blindly. Think about the basic mechanism of rights offerings ...)