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You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 1 million shares of

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You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 1 million shares of stock. Since then, you have sold an additional 2 million shares of stock to angel investors. You are now considering raising capital from a venture capital firm. This venture capital firm would invest $4 million and would receive 3 million newly issued shares in return. After the venture capitalist's investment, the post-money valuation of the angel investor's shares is closest to A. $2.6 million B. $4.2 million C. $5.2 million D. $13 million

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