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Examine the valuation of Neverfail: Assume that Pacific Ridge Capital expects to realize an IRR of at least 40 percent per year over five years
Examine the valuation of Neverfail: Assume that Pacific Ridge Capital expects to realize an IRR of at least 40 percent per year over five years on this round of investment. What does this imply for the future sales and income of Neverfail? Bear in mind that there will probably be another round of investment in 12 months.
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