If all of the shares sold are from your holdings how much


The firm you founded currently has 11 million? shares, of which you own 7 million. You are considering an IPO where you would sell 1 million shares for $ 29 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? If all of the shares sold are from your? holdings, (Select the best choice? below.) A. the firm will raise no money from the IPO. Your answer is correct.B. the firm will raise ?$29 million from the IPO. C. the firm will raise ?$319 million from the IPO. D. the firm will raise ?$203 million from the IPO. Your percentage ownership of the firm after the IPO will be nothing?%.

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Financial Management: If all of the shares sold are from your holdings how much
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