Question
The firm you founded currently has 15 millionshares, of which you own 5 million. You are considering an IPO where you would sell 3 million
The firm you founded currently has 15 millionshares, of which you own 5 million. You are considering an IPO where you would sell 3 million shares for $25 each. If all of the shares sold are primaryshares, how much will the firmraise? What will be your percentage ownership of the firm after theIPO?
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
11th Edition
1260288390, 978-1260288391
