Problem 15-1 Venture Capital (L01) You have purchased 1 million shares in a restaurant chain venture. At this zero-stage investment, your company's assets are $100,000 plus the idea for your new product. Suppose that when you first approach your friendly VC, he decides that your shares are worth only $0.40 each a. How many shares will you need to sell to raise the additional $500,000? Shares b. What fraction of the firm will you own after the VC investment? (Enter your percentage answer with 1 decimal place.) Fraction of own shares