c) Assuming pre-financing capital structure of a company ABC No. of shares 1,500,000 Security Common stock Series A preferred( 1/- per share) Series B preferred( 2- per share) Options 2,500,000 2,000,000 1,000,000 Lately an offer from a third investor who wants 2,000,000 shares of Series C preferred at 0.50/- for 1,000,000/- has been tabled. Using ABC explain the difference between full ratchet and weighted average (broad based and narrow based) anti-dilution protection (calculations are needed) [12 Marks c) Assuming pre-financing capital structure of a company ABC No. of shares 1,500,000 Security Common stock Series A preferred( 1/- per share) Series B preferred( 2- per share) Options 2,500,000 2,000,000 1,000,000 Lately an offer from a third investor who wants 2,000,000 shares of Series C preferred at 0.50/- for 1,000,000/- has been tabled. Using ABC explain the difference between full ratchet and weighted average (broad based and narrow based) anti-dilution protection (calculations are needed) [12 Marks