What is the post-money valuation equal to

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Problem 1: Suppose Vital Networks was founded with 1m shares at $1 per share. In subsequest round of funding the company issued 700,000 shares at $2 per share. What is the post-money valuation equal to?

Select one:

a. $1 million.
b. $1.4 million.
c. $2 million.
d. $2.4 million.
e. $3.4 million.

Reference no: EM132819967

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