Chambers Industries has a market capitalisation of $800 million and 250 million shares outstanding. The management of this firm plans to raise further capital through a rights issue. Which of the following rights schemes will raise the most money, if all shareholders exercise their rights?

Select one:

A.five rights to purchase two shares at $1.50 per share

B.four rights to purchase three shares at $2.00 per share

C.two rights to purchase one share at $1.60 per share

D.three rights to purchase two shares at $1.80 per share