A venture capital company buys 400,000 new shares of a start-up's stock for $7.00 million....
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A venture capital company buys 400,000 new shares of a start-up's stock for $7.00 million. If the company has 2.6 million shares outstanding prior to the purchase, what is the company's pre-money value? What is its post-money value? Note: Do not round intermediate calculations. Enter your answers in millions rounded to 2 decimal places
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