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Please Help thx 3. You are the CFO of a million shares outstanding, so the shares are trading at $50 per share. You need to

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3. You are the CFO of a million shares outstanding, so the shares are trading at $50 per share. You need to raise $250 million and have announced a rights issue. Each existing shareholder is sent one right for every share he or she owns. You have not decided how many rights you will require to purchase a share of new stock. You are considering the following options: Option A: You will require two rights to purchase one share at a price of $5 per share. Option B: You will require five rights to purchase two new shares at a price of $6.25 per share. How many new shares will be issued under option A? How much money will the firm raise under option A? a. New Shares Issued Option A Money Raised Option A How many new shares will be issued under option B? How much money will the firm raise under option B? b. New Shares Issued Option B Money Raised Option B

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