Question
Note: Use the following information to answer questions 13-16. Your investment firm makes a $10m investment in a new venture giving you 20% ownership. If
Note: Use the following information to answer questions 13-16. Your investment firm makes a $10m investment in a new venture giving you 20% ownership. If your agreement includes a 1X liquidation preference with a participating preferred 3X cap and the company is acquired for $100million, what is the maximum payout your firm can receive?
- A. $30million
- B. $20million
- C. $28million
- D. $18million
- E. none of the above
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Modern Financial Markets Prices, Yields, And Risk Analysis
Authors: Mark Griffiths, Drew Winters, David W Blackwell
1st Edition
0470000104, 9780470000106
