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On 25 February 2018, Jane bought 2 500 ordinary shares in XYZ Ltd at a cost of R8 125. At that time, the company made

On 25 February 2018, Jane bought 2 500 ordinary shares in XYZ Ltd at a cost of R8 125. At that time, the company made a 1 for 25 rights issue at R2.50 per share and Jane decided to buy the shares to which she was entitled. What is the cost of the nil paid rights?

R0

R0.50

R0.75

R1.00

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