Question: Please show your work in Microsoft Excel . Below is a sample problem for reference. percentage ownership of the firm after the IPO? If all

 Please show your work in Microsoft Excel. Below is a sample

Please show your work in Microsoft Excel.

Below is a sample problem for reference.

problem for reference. percentage ownership of the firm after the IPO? If

percentage ownership of the firm after the IPO? If all of the shares sold are from your holdings, (Select the best choice below.) A. the firm will raise $186 million from the IPO. B. the firm will raise $434 million from the IPO. C. the firm will raise $62 million from the IPO. D. the firm will raise no money from the IPO. Your percentage ownership of the firm after the IPO will be %. (Round to one decimal place.) percentage ownership of the firm after the IPO? If all of the shares sold are secondary shares from your holdings, the firm raises no money from the IPO. Your percentage ownership of the firm after the IPO will be: YourOwnership=TotalNumberofSharesNumberofSharesYouOwn Therefore, YourOwnership=18millionshares9millionshares4millionshares=0.2778 Your percentage ownership of the firm after the IPO will be 27.78%

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