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E 2 - 5 Angina Inc. has five million shares outstanding. The firm is considering issuing an additional one million shares. After selling these shares

E2-5 Angina Inc. has five million shares outstanding. The firm is considering issuing an additional one million shares. After selling these shares at their $20 per share offering price and netting 95% of the sale proceeds, the firm is obligated by an earlier agreement to sell an additional 250,000 shares at 90% of the offering price. In total, how much cash will the firm net from these stock sales?
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