XYZ company has 50 lakh shares outstanding and plans to raise Rs.20 lakh by offering
10 lakh shares at Rs.2 per share. What is XYZ's post-money valuation?
a) Rs.1.20 crore
b) Rs.1 crore
c) Rs.50 lakh
d) Rs.2 crore
10 lakh shares at Rs.2 per share. What is XYZ's post-money valuation?
a) Rs.1.20 crore
b) Rs.1 crore
c) Rs.50 lakh
d) Rs.2 crore