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A founder holds 2 million common shares of GeoTech Company. In 2 0 1 8 , Sunset Ventures bought 1 million preferred shares for $
A founder holds million common shares of GeoTech Company. In Sunset Ventures bought million preferred shares for $ million. The preferred shares are convertible into one common share with a accrued dividend and X participating preference.
The company sells in years for $ million. What is the total amount in $millions that the founder will receive upon the sale of the company? Express your answer in $millions to two decimal places eg $ million should be expressed as
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