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A company is being acquired for $ 1 0 0 M . One investor invested $ 5 M in the company's Series A round at

A company is being acquired for $100M. One investor invested $5M in the company's Series A round at a $10M Pre-Money Valuation. As part of the terms sheet, this investor was granted Participating Preferred Shares with a 2 Liquidation Preference, as well as other protective terms.
What is the dollar amount the investor received following the exit. (10 Points)
$40M
$50M
$10M
$65M
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