Hey guys I was wondering if someone can help me with this? I need this
ASAP! I have seen some of the other answers offered on here by people
and this looks like a promising forumn for getting help...

Consolidation Jewels needs to raise $2 million to pay for its Diamonds
in the Rough campaign. It will raise
the funds by offering 200,000 rights. The company currently has
outstanding 1 million shares priced at $20
each.						
						
a. What must be the subscription price on the rights the company plans
to offer?
						
b. What will be the share price after the rights issue?						
						
c. What is the value of a right?						
						
d. How many rights would be issued to an investor who currently owns
1,000 shares?
						
e. Show that the investor who currently holds 1,000 shares in
unaffected by the rights issue. Specifically, show
that the value of the rights plus the value of the 1,000 shares after
the rights issue equals the value of the 1,000
shares before the rights issue.						
						
						
Solution						
						
Problem 14-17 						
Instructions						
						
Enter formulas to solve the requirements of this problem.						
						
a. What must be the subscription price on the rights the company plans
to offer?
						
Subscription price	FORMULA					
						
b. What will be the share price after the rights issue?						
						
Total value of firm before rights are exercised			$20,000,000 			
Capital raised by exercising rights			$2,000,000 			
Total value of firm after rights are exercised			FORMULA			
Shares outstanding after exercise			 FORMULA 			
Price per share			FORMULA			
						
c. What is the value of a right?						
Value of a right			$0.00 			
						
d. How many rights would be issued to an investor who currently owns
1,000 shares?
Number of rights	FORMULA					
						
e. Show that the investor who currently holds 1,000 shares in
unaffected by the rights issue. Specifically, show
that the value of the rights plus the value of the 1,000 shares after
the rights issue equals the value of the 1,000
shares before the rights issue.						
						
Value of 1000 shares before announcement of rights offering				$20,000.00 		
Value of 1000 shares after announcement of rights offering				$0.00 		
Plus the value of the rights				FORMULA		
Total value of 1000 shares and 200 rights				$0.00