1. The firm you founded currently has 12 million shares, of which you own seven million. You are considering an IPO where you would sell two million shares for $20 each. a. If all of the shares are sold by way of a primary offering, how much will the firm raise? What will your percentage ownership of the firm be after the IPO? b. If all of the shares sold are from your holdings, how much will the firm raise? What will your percentage ownership of the firm be after the IPO?