Ethelbert.com is a young software company owned by two entrepreneurs. It currently needs to raise $$430,000$ to support its

expansion plans. A venture capitalist is prepared to provide the cash in return for a $40\%$ holding in the company. Under the plans for

the investment, the VC will hold $9,000$ shares in the company, and the two entrepreneurs will have combined holdings of $13,500$

shares.

a$.$ What is the total after$-$the$-$money valuation of the firm?

Post$-$money valuation

b$.$ What value is the venture capitalist placing on each share? $($Round your answer to the nearest whole number.$)$

Price per share