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Finance question: In a recent IPO, 10,000 shares were sold at a net price per share of $20. Of the total, 7,000 shares were offered

Finance question:

In a recent IPO, 10,000 shares were sold at a net price per share of $20. Of the total, 7,000 shares were offered by the firm and 3,000 were offered by the companys founder. How much capital did the company raise?

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