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Author Question: The founder of a company issues 100,000 shares of stock of series A stock for his own $250,000 ... (Read 63 times)

dollx

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on: Jul 9, 2019
The founder of a company issues 100,000 shares of stock of series A stock for his own $250,000 investment. He then goes through three further rounds of investment, as shown below:

RoundPriceNumber of Shares
Series B$2.50200,000
Series C$2.75300,000
Series D$2.80200,000

Which of the following is closest to the percentage of the company owned by the founder of the company?
◦ 12.5%
◦ 42%
◦ 25.0%
◦ 37.5%
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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Marked as best answer by dollx on Jul 9, 2019

amit

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Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dollx

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Reply 2 on: Jul 9, 2019
Thanks for the timely response, appreciate it

peter

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Reply 3 on: Yesterday
Excellent

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