BCD Ltd $($all equity financed$)$ with $40,0001$NV shares in issue makes a $1$:$4$ rights issue at $3\mathrm{.}80$; pre$-$rights prices were $4\mathrm{.}20$ per share; The post rights price is nearest;

Select one:

a$.$

$4\mathrm{.}12$

b$.$

$3\mathrm{.}63$

c$.$

$3\mathrm{.}47$

d$.$

$3\mathrm{.}32$

e$.$

N$.$o$.$T