Big Box retailing has a market capitalization of $350 million and 5 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 five rights held by the stockholder, they can buy one share at a price of $17.00. How much money will this raise, if all shareholders exercise their rights? $8 million $12.5 million $17 millon $5 million $2.5 million