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FSL Inc. is seeking an investment of $69,000 from your venture capital firm. After extensive economic analysis, you estimate that the exit value of the

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FSL Inc. is seeking an investment of $69,000 from your venture capital firm. After extensive economic analysis, you estimate that the exit value of the company will be $490,000 4 years from now. Because of the risk, you will only invest if you can generate of return of 18% per year on your investment. What percent of the company will you ask for in exchange for your investment today? Enter your answer as a decimal and round to 4 decimal places, for example 0.1234

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