Jones Transportation currently has 500,000 shares of stock outstanding. The firm wants to expand its operations and has decided to issue $3 million in new equity through a rights offering. The subscription price will be $15 per share and each shareholder will receive one right for each share of stock they currently own. What does a current shareholder need to acquire one new share of stock in this offering?

A.$15

B.2.5 rights plus $15

C.1 right plus $15

D.1 right plus $37.50