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An investor is considering starting a new business. The company is expected to generate $79,575 in net income. How much equity capital should the investor

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An investor is considering starting a new business. The company is expected to generate $79,575 in net income. How much equity capital should the investor put into the business if all the capital is to be supplied from equity and there is no debt? Assume the business has a return on equity of 17.75%. Round your answer to the nearest dollar. $448,310 $14.125 O $141,246 O $358.410 O $96,700

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