Needing help figuring out this finance math question

Question 8 0.5 pts Suppose you invested $8 million dollars in a company using convertible preferred stock. The convertible preferred can be converted into 25% of the company's equity. At the time of exit, the company is worth $16 million dollars. What percent of the company's equity will you choose to take? Enter your answer as a decimal to 4-digits, for example 15.23% is entered as 0.1523