Assuming the founder currently has 10,000 shares, (a) what will be the total number of shares...
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Assuming the founder currently has 10,000 shares, (a) what will be the total number of shares after all investment rounds, (b) how many shares will be issued in round 1, and (c) what is the round 1 share price? a) Total number of shares in year 5: b) Number of shares issued in round 1: c) What is the round 1 share price? Assuming the founder currently has 10,000 shares, (a) what will be the total number of shares after all investment rounds, (b) how many shares will be issued in round 1, and (c) what is the round 1 share price? a) Total number of shares in year 5: b) Number of shares issued in round 1: c) What is the round 1 share price?
Expert Answer:
Answer rating: 100% (QA)
a 10627 Shares b 404 Shares c 7426Share Explanation First Round FV 3000000 x 155 227... View the full answer
Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
Posted Date:
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