QUESTION 18 You have started a company and a venture capitalist has offered to invest. You own 100% of the company with 6,253,980 shares. The VC offers $1,397,579 for 1,120,784 new shares. What fraction of the firm will you own after the investment? NOTE: Answer in percentages. If your answer is 0.0204, you must answer 2.04. Do not use the "%" sign. QUESTION 19 Company A is going public using an auction IPO. The firm has received the following bids Price (5) Number of Shares 14,00 100,000 13.80 200,000 13.60 500,000 13.40 1,000,000 13.20 1.200,000 13.00 800,000 12.80 400,000 The company wants to sell 1.8 million shares in its IPO, what will be the winning auction offer price? NOTE: Submit your answers with 4 decimals after the dot. Do not include the "S" sign