A $600 Million, All-Equity-Financed Firm Raises Another $100 Million in Equity

A $600 million, all-equity-financed firm raises another $100 million in equity, paying $30 million in issuing fees. The value of the existing equity drops to $570 million. The total cost of
The issue is

A) $60 million
B) $100 million.
C) $130 million.
D) $30 million.