A company is planning to go public. Currently, the pre-IPO value of the firms equity is $95 million, the number of outstanding shares is 3.5 million, the company need to raise $17 million, and the floatation cost of new equity is 12%. Question 4) Calculate the gross proceeds needed from an IPO given the above information. Question 5) Part a What is the post-IPO equity value? Part b What is the offer price?.