You have started a company and are in lucklong dasha venture capitalist has offered to invest. You own 100% of the company with 5.05 million shares. The VC offers $1.15 million for 770,000 new shares.

a. What is the implied price per share?

b. What is the post-money valuation?

c. What fraction of the firm will you own after the investment?

a. What is the implied price per share? The implied price per share will be $ nothing per share.(Round to the nearest cent.)