A firm's balance sheets as of December $31,2021,$ and $2022$ show the following items $($in millions$)$:

$2021$:

Cash $=$$$8\mathrm{.}71$; Account Receivable $=$$$3\mathrm{.}54$; Inventory $=$$$3\mathrm{.}93$; Gross Fixed

Assets $=$$$8\mathrm{.}81$; Accumulated Depreciation $=$$$6\mathrm{.}81$;

Retained Earnings $=$$$1\mathrm{.}54$; Capital Surplus $=$$$1\mathrm{.}7$; Common Stock $$0\mathrm{.}50$ par$)=$$$1\mathrm{.}82$; Notes Payable $=$$$4\mathrm{.}39$; Long term debt $=$$$6\mathrm{.}65$; Accounts Payable $=$ $$2\mathrm{.}08.$

$2022$:

Cash $=$$$10\mathrm{.}71$; Account Receivable $=$$$2\mathrm{.}54$; Inventory $=$$$4\mathrm{.}43$; Gross Fixed Assets $=$$$10\mathrm{.}51$; Accumulated Depreciation $=$$$7\mathrm{.}51$;

Retained Earnings $=$$$2\mathrm{.}54$; Capital Surplus $=$$$4\mathrm{.}2$; Common Stock par$)=$$$3\mathrm{.}62$; Notes Payable $=$$$4\mathrm{.}69$; Long term debt $=$$$3\mathrm{.}67$; Accounts Payable $=$ $$1\mathrm{.}96.$

Calculate the average price at which new shares were sold.

None of these options are correct

$1\mathrm{.}19$

$0\mathrm{.}84$

$0\mathrm{.}59$

$0\mathrm{.}50$