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A startup founder believes that the platform will quickly find a market and that revenues will be IDR 900 million by the sixth year. The
A startup founder believes that the platform will quickly find a market and that revenues will be IDR 900 million by the sixth year. The peer firm average multiple of enterprise value to revenue is 4.5. Using relative valuation, what is the pre-money value of the firm if the target rate of return is 70%?* IDR 148 million IDR 158 million O IDR 168 million O IDR 178 million O None of the above
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