Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
Izzydhindsa Izzydhindsa
wrote...
Posts: 457
4 years ago
Jeremy founded a company. He issues 200,000 shares of series A stock for his own $100,000 investment. He then goes through three further rounds of investment, as shown below:

RoundPriceNumber of Shares
Series B$1.00500,000
Series C$1.50300,000
Series D$2.25400,000

Which of the following is closest to the percentage of the company owned by the Series D investors?

▸ 33%

▸ 29%

▸ 46%

▸ 25%
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
Read 84 times
1 Reply
Replies
Answer verified by a subject expert
shawntageshawntage
wrote...
Posts: 392
4 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Izzydhindsa Author
wrote...

4 years ago
This helped my grade so much Perfect
wrote...

Yesterday
You make an excellent tutor!
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  939 People Browsing
 112 Signed Up Today
Related Images
  
 860
  
 895
  
 117
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 308