3 Big Box retailing has a market capitalization of $500 million and 20 million shares outstanding. In order to finance its growth, the management of Big Box plans to raise further capital through a rights issue. All shareholders will be issued one right per share. For every ten rights held by the stockholder, they can buy one share at a price of $4.00. How much money will this raise, if all shareholders exercise their rights? $8 million $12.5 million $ 17 millon $5 million $2.5 million Question 21 (2 points) A firm has EBIT of $45 million, interest expense of $20 million, and pays taxes of $8.5 million. If the firm has 5 million shares outstanding, what is the firm's EPS? $9.00 $4.00 $3.30 $2.30 $5.00 Question 22 (2 points)