The founder of a company issues 200,000 shares of stock of series A stock for his own $250,000 investment. He then goes through three further rounds of investment, as shown below: 
Which of the following is closest to the percentage of the company owned by the founder of the company?
A) 25.0%
B) 50.0%
C) 62.5%
D) 68.8%
Correct Answer:
Verified
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