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12.Jane received $3.2M in financing from a VC who now owns 40% of the company. Shortly thereafter, she meets Joanne who is willing to buy

12.Jane received $3.2M in financing from a VC who now owns 40% of the company. Shortly thereafter, she meets Joanne who is willing to buy the company for $6M. Without a liquidation preference, VC gets _________ but with a liquidation preference VC gets _____.

a.$3.2M; $2.8M

b.$2.4M; $3.2M

c.$0; $2.8M

d.$0; $3.2M

e.None of the above

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