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wrote...
Posts: 184
2 weeks 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
Edition: 2nd
Authors:
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wrote...
Posts: 223
2 weeks ago
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29%
1
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