NEED DONE ASAP

You founded a firm that currently has 12 million shares, of which you own 8 million. You are considering an IPO where you would sell 4 million shares for $15 each. If all of the shares sold are secondary, what is the maximum number of secondary shares you could sell and still retain more than 50% ownership of the firm? How much would the firm raise in that case? What is the maximum number of secondary shares you could sell and still retain more than 50% ownership of the firm? The maximum number of secondary shares you could sell is shares (Round to the nearest whole number.) Help me solve this View an example Ask my instructor Clear all Check