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Phoebe owns 2 0 0 shares in Optus Inc. Optus has 5 0 million shares outstanding that are trading at $ 3 each. Due to

Phoebe owns 200 shares in Optus Inc. Optus has 50 million shares outstanding that are trading at $3 each. Due to a liquidity crisis, Optus decides to place 15 million shares to a group of hedge funds at $2 each. How much money did Phoebe lose due to this private placement, based only on the information above? (round to the nearest 2 digits)
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$46.00
$40.00
$42.00
$52.00
None of the other answers are correct.

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