The firm you founded currently has 13 million​ shares, of which you own 7 million. You are considering an IPO where you would sell 3 million shares for $24 each. If all of the shares sold are from your​ holdings, how much will the firm​ raise? What will be your percentage ownership of the firm after the​ IPO?

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The firm you founded currently has 13 million​ shares, of which you own 7 million. You are considering an IPO where you would sell 3 million shares for $24 each. If all of the shares sold are from your​ holdings, how much will the firm​ raise? What will be your percentage ownership of the firm after the​ IPO?

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