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Flatiron Ventures considers investing $5M in a startup B. It estimates that it takes 5 years to exit the investment, and its exit proceed will

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Flatiron Ventures considers investing $5M in a startup B. It estimates that it takes 5 years to exit the investment, and its exit proceed will be $12M. If the appropriate discount rate is 10%, what is the NPV of the investment? $2.23M $5.91M $2.45M O $7.00M

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