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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:
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%
-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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