Recent Posts • Latest Topics • Unanswered Questions

Jeremy founded a company. He issues 200,000 shares of series A stock for his own $100,000 ...

Izzydhindsa

wrote...

Go to Answer

Posts: 457

Rep:

5 years ago

Jeremy founded a company. He issues 200,000 shares of series A stock for his own $100,000 ...

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:

Round

Price

Number of Shares

Series B

$1.00

500,000

Series C

$1.50

300,000

Series D

$2.25

400,000

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: 2^nd

Authors: Berk, DeMarzo, Harford

Read 104 times

1 Reply

Report

Replies

Answer verified by a subject expert

shawntage

wrote...

Posts: 392

Rep:

5 years ago

More solutions for this book are available here

Report

Related Topics

Izzydhindsa Author

wrote...

5 years ago

Thanks

Ivansitospeed@g

wrote...

Yesterday

Correct

MLynneMcMillan

wrote...

2 hours ago

Thanks

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1726 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

291

262

436

Your Opinion

Previous poll results: Which country would you like to visit for its food?

Strange Ingredients Lurking in Doritos Chips

It's sore throat season, why does my mucus have red spots?

Bonobos, Chimpanzees, and the 98% DNA Link

The Toxic Skin and Fungi Defense

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.