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Assume you own 100% of a small business. Your forecast shows that net income will be $900,000 in ten years. You expect that the company

Assume you own 100% of a small business. Your forecast shows that net income will be $900,000 in ten years. You expect that the company will be valued using a PE of 12 ten years from now. If an investor offers you $300,000 for 60% of the business, what would be the investor's return?

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