Can you help me answer this question?

You are an analyst for a venture capital fund.The firm you are valuing is expected to have free cash flows next year of $1,000, and they are expected to grow at 4% every year forever (if they survive).Further, using CAPM and accounting for the fees that your VC charges, the cost of capital for the firm is 23%.

A rival VC fund put in a bid for the firm.They are offering to invest $100 for 16.67% of the firm.What is the impliedpre-money valuation?What is the implied probability of survival for the firm?

100 ; about 25%

300 ; about 15%

500 ; about 10%

700 ; about 75%