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Angina Inc. has 5 million shares outstanding. The firm is considering issuing an additional 1...

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Finance

image Angina Inc. has 5 million shares outstanding. The firm is considering issuing an additional 1 million shares. After selling these shares at \\( \\$ 22 \\) per share offering price and netting \95 of the sale proceeds, the firm is obligated by an earlier agreement to sell an additional 255,000 shares at \90 of the offering price. In total, how much cash will the firm net from these stock sales? The net proceeds from these stock sales is \\( \\$ \\quad \\), (Round to the nearest dollar.)

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