Question: O = Homework: Lab #6 Question 19, Problem 14-18 Part 1 of 2 HW Score: 82.5%, 33 of 40 points O Points: 0 of 2

 O = Homework: Lab #6 Question 19, Problem 14-18 Part 1

O = Homework: Lab #6 Question 19, Problem 14-18 Part 1 of 2 HW Score: 82.5%, 33 of 40 points O Points: 0 of 2 Save You founded a firm that currently has 16 million shares, of which you own 12 million. You are considering an IPO where you would sell 4 million shares for $25 each. If all of the shares sold are secondary, what is the maximum number of secondary shares you could sell and still retain more than 50% ownership of the firm? How much would the firm raise in that case? ... What is the maximum number of secondary shares you could sell and still retain more than 50% ownership of the firm? shares The maximum number of secondary shares you could sell is (Round to the nearest whole number.) Help me solve this View an example Ask my instructor Question Viewer ear all Check

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