You have started a company and are in lucka venture capitalist has offered to invest. You own 100% of the company with 5.19 million shares. The VC offers $1.14 million for 820,000 new shares.

a. What is the implied price pershare?

b. What is thepost-money valuation?

c. What fraction of the firm will you own after theinvestment?

a. What is the implied price pershare?

The implied price per share will be $

nothing

per share.(Round to the nearestcent.)

b. What is thepost-money valuation?

Thepost-money valuation will be $

nothing

million. (Round to two decimalplaces.)

c. What fraction of the firm will you own after theinvestment?

Your fractional ownership will be

nothing

%. (Round to one decimalplace.)