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You own all $ 1 0 million of equity in a private company and have decided to go public. You want to raise enough IPO
You own all $ million of equity in a private company and have decided to go public. You want to raise enough IPO proceeds to finance a $ million project and you want to cash out $ million of your stake. Assuming the share price is $ per share, how many primary and how many secondary shares should you offer in the IPO? What percentage of the companys equity will you own postIPO?
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