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The firm you founded currently has 13 million shares, of which you own 3 million. You are considering an IPO where you would sell 3

The firm you founded currently has 13 million shares, of which you own 3 million. You are considering an IPO where you would sell 3 million shares for $ 17 each. If all of the shares sold are primary shares, how much will the firm raise? What will be your percentage ownership of the firm after the IPO?

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