Question
3. An angel investor provides a startup company with $1.5M and receives 200,000 stock options in return. The startup goes public 10 years later,
3. An angel investor provides a startup company with $1.5M and receives 200,000 stock options in return. The startup goes public 10 years later, and the stock price is $30. What is the IRR of the investment?
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Get StartedRecommended Textbook for
Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
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