A potential investor is seeking to invest $500,000 in a venture, which cu million shares held by its founders, and is targeting a 50% return five years from now. The venture is expected to produce half a million dollars in income per year at year 5. It is known rrently has 1,000,000 that a similar venture recently produced $1,000,000 in income and sold shares to the public for $10,000,000. 9. What is the pre-money valuation? a. $120,300 b. $316,800 c. $158,400 d. $193,900