Associated Breweries is planning to market unleaded beer. To finance the venture, it proposes to make a rights issue with a subscription price of $10. One new share can be purchased for every two shares held. The company currently has outstanding 140,000 shares priced at $40 a share. Assuming that the new money is invested to earn a fair return, give values for the following:
number of new shares
amount of new investment
total value of co after issue
total number of shares after issue
share price after issue