This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The founder of a company currently holds 12 million of the 15 million shares in that company. She ... (Read 93 times)

jwb375

  • Hero Member
  • *****
  • Posts: 540
on: Jul 9, 2019
The founder of a company currently holds 12 million of the 15 million shares in that company. She considers an IPO where she sells a mix of primary shares and 2 million of her own secondary shares for $18 per share. If she wants to retain a 60% ownership of the company, how much money can she raise in this IPO?
◦ $42 million
◦ $30 million
◦ $54 million
◦ $66 million
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jwb375 on Jul 9, 2019

mjenn52

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


jwb375

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jul 9, 2019
TY


mjenn52

  • Sr. Member
  • ****
  • Posts: 351
Reply #3 on: Jul 9, 2019
You're welcome


« previous next »
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

The recently discovered lleret calvaria from Kenya is the smallest H. erectus and shares many traits The recently discovered lleret calvaria from Kenya is the smallest H. erectus and shares many traits
Christian Gladu, The Bungalow Company, The Birch, North Town Woods, Bainbridge Christian Gladu, The Bungalow Company, The Birch, North Town Woods, Bainbridge
The remarkably complete skull of a 3-year-old Australopithecus girl; the fossil is 3.3 million ... The remarkably complete skull of a 3-year-old Australopithecus girl; the fossil is 3.3 million ...
Pharmaceutical Company Representatives Pharmaceutical Company Representatives
Founder of Adidas and Puma companies are brothers Founder of Adidas and Puma companies are brothers
Earth 430 Million Years Ago Earth 430 Million Years Ago
Video: Definition of heart rate

For a complete list of videos, visit our video library