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Greeter Soft is a private firm that was started by Sam Sung for developing specialized software for greeting card companies. Sam had invested $200,000 in

Greeter Soft is a private firm that was started by Sam Sung for developing specialized software for greeting card companies. Sam had invested $200,000 in the company. One year later a venture firm Big Bucks offers Sam $2 million for forty percent stake in the company. What is the pre-money value of Greeter Soft? Show your work.

a. $2.2M

b. $3.0M

c. $5.0M

d. $5.2M

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