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Nemesis, Inc., has 145,000 shares of stock outstanding. Each share is worth $43, so the...

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Accounting

Nemesis, Inc., has 145,000 shares of stock outstanding. Each share is worth $43, so the companys market value of equity is $6,235,000. Suppose the firm issues 32,000 new shares at the following prices: $43, $40, and $35.

What will be the ex-rights price and the effect of each of these alternative offering prices on the existing price per share? (Leave no cells blank; if there is no effect select "No change" from the dropdown and enter "0". Round your answers to 2 decimal places, e.g., 32.16.)
Price Ex-Rights Effect Amount
a. per share
b. per share
c. per share

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