Question
Hydroxy map is a manufacturer of underwater mapping technology. If the firm received an investment of $4.7 million, and its postmoney valuation is $12.5 million,
Hydroxy map is a manufacturer of underwater mapping technology. If the firm received an investment of $4.7 million, and its postmoney valuation is $12.5 million, what was the firm’s premoney valuation?
a. $17.2 million
b. $7.8 million
c. $4.7 million
d. $15.1 million
e. none of the above
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
