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ABCO Ventures is investing $1.2 million into Showco, and ABCO is receiving a 35% equity interest in Showco in return. Showcos pre-money valuation is approximately:
ABCO Ventures is investing $1.2 million into Showco, and ABCO is receiving a 35% equity interest in Showco in return. Showcos pre-money valuation is approximately:
| a. | $420,000 | |
| b. | $1.2 million | |
| c. | $2.2 million | |
| d. | $3.4 million | |
| e. | None of the above. |
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Financial Management Theory and Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
2nd Canadian edition
176517308, 978-0176517304
