Question: make final answer clear please The firm you founded currently has 10 million shares, of which you own 3 million. You are considering an IPO
make final answer clear please
The firm you founded currently has 10 million shares, of which you own 3 million. You are considering an IPO where you would sell 2 million shares for $20 each. If all of the shares sold are primary shares, how much will the firm raise? What will your percentage ownership of the firm be after the IPO? Y all of the shares sold are primary shares, the firm will raise $1 million (Round to one decimal place.)
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