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Emma founded her fum three years ago. Originally, she contributed $200,000 and received 2 million shares of stock, Later, Emma sold an additional 1 million

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Emma founded her fum three years ago. Originally, she contributed $200,000 and received 2 million shares of stock, Later, Emma sold an additional 1 million shares of stock to angel inveators. Emma is now considering raising $3.7million from a private equity firm. if Emma Wants to have a post-money valuation of 38.4 million, the number of shares to be sold to the private equity firm is closest to: a. $2.36 million b. $2.60 million c. $1.97 million d. $1.57 milion

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