33. The utopian approach to valuation ignores which of the following venture scenarios? a. black-hole scenarios b. living-dead scenarios c. black-hole scenarios and living-dead scenarios d. venture utopia scenarios 34. Determine the future value of a target venture which has net income expected to be $40,000 at the end of four years from now. A comparable firm currently has a stock price of $20 per share, 100,000 shares outstanding, and net income of $50,000. a. $1.0 million b. $1.4 million c. $1.6 million d. $2.0 million