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Nemesis, Inc., has 119,000 shares of stock outstanding. Eachshare is worth $41, so the company’s market value of equity is$4,879,000. Suppose the firm issues 25,000 new shares at thefollowing prices: $41, $38, and $33.What will be the ex-rights price and the effect of each of thesealternative offering prices on the existing price per share?(Leave no cells blank; if there is no effect select "Nochange" from the dropdown and enter "0". Round your answers to 2decimal places, e.g., 32.16.)
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