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A firm was founded with an You are given the following series of stock issuance: Date of Number of Total capital Liquidation issuance shares issued
A firm was founded with an You are given the following series of stock issuance: Date of Number of Total capital Liquidation issuance shares issued raised preference Series A Feb 2016 10000 $4 million Series B Dec 2016 5000 $10 million 1.0X Series June 2017 15000 $15 million 1.SX Series D June 2018 20000 $25 million 2.0 x In August 2018, the firm faces financial difficulties and is bought by the state government for $75 million. Each series of shareholders has Seniority over the carlier ones. Jane holds 100 preferred shares of series B. Determine the total amount she will receive Possible Answers A 50000 B 60000 C 70000 D 80000 E 90000 A firm was founded with an You are given the following series of stock issuance: Date of Number of Total capital Liquidation issuance shares issued raised preference Series A Feb 2016 10000 $4 million Series B Dec 2016 5000 $10 million 1.0X Series June 2017 15000 $15 million 1.SX Series D June 2018 20000 $25 million 2.0 x In August 2018, the firm faces financial difficulties and is bought by the state government for $75 million. Each series of shareholders has Seniority over the carlier ones. Jane holds 100 preferred shares of series B. Determine the total amount she will receive Possible Answers A 50000 B 60000 C 70000 D 80000 E 90000
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