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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 shares in Optus Inc. Optus has million shares outstanding that are trading at $ each. Due to a liquidity crisis, Optus decides to place million shares to a group of hedge funds at $ each. How much money did Phoebe lose due to this private placement, based only on the information above? round to the nearest digits
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$
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