the company, and the remaining 5 million shares were being sold by the venture capital investors. Assume the underwriter charges 4.9% of the gross proceeds as an underwriting fee. a. How much money did Whalen raise? b. How much money did the venture capitalists receive? c. If the stock price dropped 3.3% on the announcement of the SEO and the new shares were sold at that price, how much money would Whalen receive? a. How much money did Whalen raise? After underwriting fees, Whalen raised $ million. (Round to two decimal places.) b. How much money did the venture capitalists receive? After underwriting fees, the venture capitalists received million. (Round to two decimal places.) the company, and the remaining 5 million shares were being sold by the venture capital investors. Assume the underwriter charges 4.9% of the gross proceeds as an underwriting fee. a. How much money did Whalen raise? b. How much money did the venture capitalists receive? c. If the stock price dropped 3.3% on the announcement of the SEO and the new shares were sold at that price, how much money would Whalen receive? a. How much money did Whalen raise? After underwriting fees, Whalen raised $ million. (Round to two decimal places.) b. How much money did the venture capitalists receive? After underwriting fees, the venture capitalists received million. (Round to two decimal places.)