BCC Inc. is seeking an investment of $66,000 from your venture capital firm. After extensive economic analysis, you estimate that the exit value of the company will be $429,000 7 years from now. Because of the risk, you will only invest if you can generate of return of 13% per year on your investment. The founders want to have 33,000 shares of the company. How many shares a the company will your venture capital fund ask for?

Round all your calculations to at least 4 decimals. Round your answer to the nearest whole number of shares, for example 100123.

iv) Winning the three lawsuits, but incurring defense costs of $250,000?