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Please Help. What effective valuation will a $200,000 Convertible Note with simple interest of 8%, a $6M cap, and a 25% discount convert at with

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What effective valuation will a $200,000 Convertible Note with simple interest of 8%, a $6M cap, and a 25% discount convert at with the following financings after 1 year: a) Assuming a $5,000,000 Pre-Money Valuation, and $1,000,000 invested. b) Assuming a $7,000,000 Pre-Money Valuation, and $1,000,000 invested. c) Assuming a $9,000,000 Pre-Money Valuation, and $1,000,000 invested. NOTES: Apply the information above into the rows below next to the *Example under the columns labeled a, b, and c. a b *Example: P Principal of Note i Interest Rate D Discount Cap Pre-Money Valuation Cap Years between Note financing and 1st equity Round Int Interest Earned (just prior to conversion) P+Int Principal + Interest Earned (just prior to conversion) CnD Discounted Value of Note for Conversion = (P+Int)/(1-D) Share if using CD = CnD/Post Pre Money Valuation of 1st Equity Round Inv Amount Invested in 1st Equity Round Post Post-Money Valuation of 1st Equity Round Pre Pre-Money Valuation of 1st Equity Round Vd Value of Note for Conversion with Discount applied = (P+Int)/(1-D) Vc Value of Note for Conversion with Cap applied = (P+Int)*(Pre/Cap) Pd Conversion price per share using Discount assuming post financing price per share of $1 = Price *(1-D) Pc Conversion price per share using Cap assuming post-financing price per share of $1 = Price* (Cap / Pre) Will the note convert with the Discount (Vd > Vc or Pd Vd or Pc Vc or Pd Vd or Pc

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