Todd Winningham IV has $$4,000$ to invest. Todd ownis shares of Gallogher Tennis Clubs inc. Gallagher has issued a rights offering to its common shareholders. Six rights plus $$38$ cash will buy one new share. Gallagher's stock is selling for $$50$ ex$-$rights.

a$-1\mathrm{.}1$ How many rights could lodd buy with his $$4,000?$

Number of rights $$

a$-2.$ Aternathely, how many shares could he buy with the same $$4,000$ at $$50$ per share?

Number of shares $$

B$.$ If Todd invests his $$4\mathrm{.}000$ in Gallagher rights and the price of Gallagher shares rise to $$59$ per share ex$-$tights, what would be his dollar profit on the rights? $($First compute profits per right.$)$

Note: Do not round intermediate calculetions.

Dollar profit

$ $$

c$.$ IH Todd dinvests his $$4,000$ in Gallagher shares and the price of a share rises to $$59$ ex$.$rights, what would be his total dollar profer?

Total dollar profit

$ $$

d$.$ What would be the answer to part $b$ if the price of a Gallagher share price falls to $$30$ ex$-$rights instead of rising to $$59?$

Note: Negative answer should be indicated by a minus sign.

Dollar profit $/$ lass on the rights

$ $$

e$.$ If Todd invests his $$4,000$ in Gallagher stock and the price of the stock falls to $$30$ per share ex$-$rights, what would his dollar profit be$?$

Note: Negotive answer should be indicated by a minus sign.

Dollar profit $/$ loss on the stock

$

$$