Opportunistic Venture Partners (OVP) are considering making an investment into a highly successful online learning business. The business is expected to eventually go public and the existing investors place a very high pre-money valuation on the firm. To protect itself from a cheap sale, OVP insists on investing through Participating Convertible Preferred stock. The term sheet offered by OVP states that the participating feature of their securities is triggered if the firm is NOT sold through an IPO. The deal goes ahead and OVP invests $6.5 million at a pre-money valuation of $80 million. Two months later the firm is a sold to a corporate acquirer (trade sale) for $88 million. How much does OVP receive from the sale? Please answer in millions of dollars to two decimal places (e.g. $1,250,000 should be entered as 1.25) If OVP exited its position by selling its shares through an IPO that valued the company at $200 million (before any new shares were issued to the public), how much would OVP receive from the sale? Please answer in millions of dollars to two decimal places (e.g. $1,250,000 should be entered as 1.25)