Question: PLEASE USE EXCEL TO SHOW WORK AND STEPS THANK YOU!! Nemesis, Inc., has 210,000 shares of stock outstanding. Each share is worth $80, so the

PLEASE USE EXCEL TO SHOW WORK AND STEPS THANK YOU!!

PLEASE USE EXCEL TO SHOW WORK AND STEPS THANK YOU!! Nemesis, Inc.,

Nemesis, Inc., has 210,000 shares of stock outstanding. Each share is worth $80, so the company's market value of equity is $16,800,000. Suppose the firm issues 46,000 new shares at the following prices: $80, $74, and $68. 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. b. per share per share c. per share

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