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A firm conducting an IPO of common stock sold 1 million new shares in the offering at an offer price of $10 per share. After

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A firm conducting an IPO of common stock sold 1 million new shares in the offering at an offer price of $10 per share. After the offering, the firm had 5 million shares outstanding, and the price of those shares in the secondary market was $12. The firm's market capitalization is OA. $12 million O B. $60 million O C. $10 million O D. $50 million

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