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Use the Table for the Question(s)below

Question 92

Multiple Choice

Use the table for the question(s) below.
The founder of a company issues 100,000 shares of series A stock for his own $250,000 investment.He then goes through three further rounds of investment,as shown below:
Use the table for the question(s) below. The founder of a company issues 100,000 shares of series A stock for his own $250,000 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 founder of the company? A) 11.2% B) 12.5% C) 25.0% D) 37.5% E) 42%
-Which of the following is closest to the percentage of the company owned by the founder of the company?


A) 11.2%
B) 12.5%
C) 25.0%
D) 37.5%
E) 42%

Correct Answer:

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