Hat was the firm premoney valuation

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Reference no: EM13950769

HydroxyMap is a manufacturer of underwater mapping technology. If the firm received an investment of $4.7 million, and its postmoney valuation is $12.5 million, what was the firm’s premoney valuation?

$17.2 million

$7.8 million

$4.7 million

$15.1 million

None of the above

Reference no: EM13950769

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