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An investor puts $ 4 0 million of equity capital into a business in exchange for a 9 0 % equity stake. Three years later,
An investor puts $ million of equity capital into a business in exchange for a equity
stake. Three years later, the business is sold for a $ million transaction value. When it's sold,
it has $ million of debt and $ million of cash. What is the purchase price of the deal at exit?
A $
B $
C $
D $
E $
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