Use the Table for the Question(s)below

question 65

Multiple Choice

Use the table for the question(s) below.
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:

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

• A)25%
• B)29%
• C)33%
• D)40%
• E)46%

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Definitions:

Interpretation

The process of providing explanation or meaning to a concept, statement, or set of data.

Flexibility Option

An option that provides the holder with the ability to adapt or change a strategy based on changes in market conditions.

Real Option

The value of additional decision-making flexibility in investment, often under conditions of uncertainty.

Business Conditions

The state of the economic environment affecting the operations and profitability of companies.