Based on the following information, estimate the percentage appreciation on stock bought by the venture investors: founders' purchase price = $0.50; venture investors' purchase price = $2.00; current stock price = $10.00; founders' holding period = 5 years; and venture investors' holding period = 3 years.
A) 100%
B) 400%
C) 600%
D) 800%
Correct Answer:
Verified
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