RMP Ltd issues a $100 million IPO and the offering price to the public is $8 per share. It is already_given that the underwriting cost (i.e. underwriter's spread) is $2.20 per share. The company's legal fees, ASiC registration fees, and other administrative costs are $270,000. The company's share price increases by 10 percent on the first day. What is the company's total cost of issuing the securities? Select one: a. $32,600,000 b. $37,770,000 c. $19,000,000 d. $17,100,000