8. A venture capital company buys 400,000 shares of a start-up's stock for $5 million. If the...
Question:
8. A venture capital company buys 400,000 shares of a start-up's stock for $5 million. If the company has 1.6 million shares outstanding prior to the purchase, what is the company's premoney value? What is its postmoney value?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answered By
Susan Juma
I'm available and reachable 24/7. I have high experience in helping students with their assignments, proposals, and dissertations. Most importantly, I'm a professional accountant and I can handle all kinds of accounting and finance problems.
15+ Reviews
45+ Question Solved
Related Book For 
Question Posted:
