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Question 36 1 points Save Ans If a venture capitalist has invested $4 million for 40 percent of a company, and deal is structured as

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Question 36 1 points Save Ans If a venture capitalist has invested $4 million for 40 percent of a company, and deal is structured as convertible preferred stock. At what selling price, the venture capitalist will convert the preferred stock into common stock? O a. Any price above $10 million O b. Any price above $4 million O c. Any price above $20 million d. The venture capitalist will not convert to common stock at any price

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