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Suppose a company raises $17,500,000 in addition to 30 million common shares outstanding and in exchange for 20% ownership in form of Convertible Preferred Securities
Suppose a company raises $17,500,000 in addition to 30 million common shares outstanding and in exchange for 20% ownership in form of Convertible Preferred Securities (with a 1.2x Liquidity
Preference and NO dividends). Let's suppose the company was acquired for 112,000,000 in Cash precisely 3 Years after the $17,500,000 Investment was made in the company. If the investor is rational, the Price Per Common Share is?
Preference and NO dividends). Let's suppose the company was acquired for 112,000,000 in Cash precisely 3 Years after the $17,500,000 Investment was made in the company. If the investor is rational, the Price Per Common Share is?
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Introduction to Corporate Finance What Companies Do
Authors: John Graham, Scott Smart
3rd edition
9781111532611, 1111222282, 1111532613, 978-1111222284
