-The firm you founded currently has 14 million shares, of which you own 8 million. You are considering an IPO where you would sell 2 million shares for $29 each. If all of the shares sold are from your holdings, how much will the firm raise? Whatwill your percentage ownership of the firm be after the IPO?If all of the shares sold are from your holdings, (Select the best choice below.)A. the firm will raise $25 million from the IPO.B. the firm will raise $350 million from the IPO.c. the firm will raise no money from the IPO.O D. the firm will raise $200 million from the IPO.Your percentage ownership of the firm after the IPO will be%. (Round to one decimal place.)

Given: Total shares = 14 million Shares owned = 8 million Selling of shares owned = 2 Million…

The firm you founded currently has 14 million shares, of which you own 8 million. You are considering an IPO where you would sell 2 million shares for $29 each. If all of the shares sold are from your holdings, how much will the firm raise? Wha will your percentage ownership of the firm be after the IPO? fall of the shares sold are from your holdings, (Select the best choice below.) OA. the firm will raise $25 million from the IPO. B. the firm will raise $350 million from the IPO. c. the firm will raise no money from the IPO. OD. the firm will raise $200 million from the IPO. Your percentage ownership of the firm after the IPO will be%. (Round to one decimal place.)

The firm you founded currently has 14 million shares, of which you own 8 million. You are considering an IPO where you would sell 2 million shares for $29 each. If all of the shares sold are from your holdings, how much will the firm raise? Wha will your percentage ownership of the firm be after the IPO? fall of the shares sold are from your holdings, (Select the best choice below.) OA. the firm will raise $25 million from the IPO. B. the firm will raise $350 million from the IPO. c. the firm will raise no money from the IPO. OD. the firm will raise $200 million from the IPO. Your percentage ownership of the firm after the IPO will be%. (Round to one decimal place.)

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter15: Dividend Policy

Section: Chapter Questions

Problem 12P

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