Question
Given the following information, and using the VC method of valuation, determine the % of the company that needs to be given up for $1.5
Given the following information, and using the VC method of valuation, determine the % of the company that needs to be given up for $1.5 m investment. SHOW WORK!
Required ROR by investor(s): 25%
Net income in five years: $ 3.2 m
Expected P/E ratio in four years: 12 times.
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Personal Finance
Authors: Jeff Madura
7th Edition
0134989961, 978-0134989969
