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Ethelbest.com is a young software company owned by two entrepreneurs. It currently needs to raise $530,000 to supports expansion plans. A venture capitalist is prepared

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Ethelbest.com is a young software company owned by two entrepreneurs. It currently needs to raise $530,000 to supports expansion plans. A venture capitalist is prepared to provide the cash in return for a 10% holding in the company. Under the plans for the investment, the VC will hold 8.000 shares in the company, and the two entrepreneurs will have combined holdings of 12.000 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

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