Assume the issuer icurs 2 million SAR in other expenses to sell 2 million shares at 40 SAR each to an underwriter and underwriter sells the shares at 42 SAR each. By the end of the first day's trading, the issuing company's stock price had risen to 60 SAR What is the total cost of underpricing?

a.36 Million SAT b. 30 Min SAR C. 54 Million SAR d.24 Million SAR