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Assume you own 320 shares of a firm with a total of 1,125 shares outstanding. The total value of the firm is currently estimated to

Assume you own 320 shares of a firm with a total of 1,125 shares outstanding. The total value of the firm is currently estimated to be $543,000. A year later the firm sells 400 new shares to a venture capital fund for $950,000. The value of the firm is now estimated to be $________.

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