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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 2 million shares of

You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 2 million shares of stock. Since then, you have sold an additional 1 million shares of stock to angel investors. You are now considering raising capital from a venture capital firm. This venture capital firm would invest $6 million and would receive 2 million newly issued shares in return. The post-money valuation of your firm is closest to:

a.

$15.0

b.

$12.5 million.

c.

$10.0 million.

d.

$5.2 million.

e.

$6.0 million.

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