AERO Corporation was founded by Mr.Chen. At the beginning of the establishment of AERO Corporation, Mr.Chen had initial shares 10,000 pieces. Mr.Chen wants to expand his business venture with take investors to invest for 5 years. Mr.Chen estimates that if you want reached the terminal value at the end of the fifth year of $ 300,000,000, then investment funds given by investors is $ 15,000,000. Financing from investors will be done as many as two stages, where the second stage is carried out in the third year (in the third years ,second stage investors will invest their funds in AERO Corporation). First stage investors demand a rate of return of 70% while the second stage investors demand rate of return of 50%. Public information shows that competitors of AERO is "SX Corppration" has a market capitalization value of $45,000,000 and obtain net profit of $30,000,000 last year.

c. In the first round of financing, do an analysis by counting the number of sheets shares issued to first round investors, the price per share issued in the first round , pre-money and post-money valuation in the first round.

d. In the second round of financing, do an analysis by counting the number of sheets shares issued to investors in the second round the price per share issued in the second round, pre-money and post-money valuation in the second round. Give interpretation