crystal mines needs $1.2 billion of new equity. the market price of its stock is $20. Crystal mines decides to raise additional funds by offering the right to buy 1 new share for every 4 existing shares at a discounted price $14 per new share. assuming 100% subscription rate, what is the opportunity value of this offer?

a) 2.0

b) 1.2

c) 4.8

d) 0.5