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Alomani company has in issue of 100,000 RO.1 equity shares with a current market value of RO. 1.800 each. It offers a right issue of

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Alomani company has in issue of 100,000 RO.1 equity shares with a current market value of RO. 1.800 each. It offers a right issue of 1 for 4 shares at an offer price of RO. 1.200.The offer is only taken by the 80% of the shareholders. What is the total amount raised through right issue by Alomani company from the following? A. OMR. 100,000 OB. OMR.24,000 C. OMR.30,000 D. None of the other options

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