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A venture capital company buys 400,000 shares of a start-ups stock for $5.80 million. If the company has 2.0 million shares outstanding prior to the

A venture capital company buys 400,000 shares of a start-ups stock for $5.80 million. If the company has 2.0 million shares outstanding prior to the purchase, what is the companys pre-money value? What is its post-money value? (Do not round intermediate calculations. Enter your answers in millions rounded to 2 decimal places. )

Pre Money Value =. million

Post Money Value = million

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