Hydroxy map is a manufacturer of underwater mapping technology. If the firm received an investment of $4.7 million, and its postmoney valuation is $12.5 million, what was the firm’s premoney valuation?
a. $17.2 million
b. $7.8 million
c. $4.7 million
d. $15.1 million
e. none of the above

Answer rating: 100% (QA)

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