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1. Credible Ventures expects to make $27.6 million every year in which it operates (including the current one) and believes it has an 84% chance

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1. Credible Ventures expects to make $27.6 million every year in which it operates (including the current one) and believes it has an 84% chance of surviving each year. Its cost of capital is 5%, since that is the typical alternative return it could safely earn. What is the value of Credible Ventures today? If they have issued 500,000 stocks, what is the value of one stock

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