Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Hinckley's Hops is raising $1 million to fund their growth. They expect to be acquired in 7 years for $30 million. You are considering investing
Hinckley's Hops is raising $1 million to fund their growth. They expect to be acquired in 7 years for $30 million. You are considering investing in Hinckley's, and your analysis says you want at least a 30% return on your investment. What would your current valuation of Hinckley's be? [Select ] What percentage of the company do they need to sell to raise their $1mm? [ Select ] Hinckley's Hops is raising $1 million to fund their growth. They expect to be acquired in 7 years for $30 million. You are considering investing in Hinckley's, and your analysis says you want at least a 30% return on your investment. What would your current valuation of Hinckley's [Select ] be $6,274,852 $188,245,551 w $159,366 do they need to $4,780,989 [ Select ] Hinckley's Hops is raising $1 million to fund their growth. They expect to be acquired in 7 years for $30 million. You are considering investing in Hinckley's, and your analysis says you want at least a 30% return on your investment. What would your current valuation of Hinckley's be? [Select] What percentage of the company do they need to sell to raise their $1mm? [ Select ] 0.5% 15.9% 3.2% 20.9%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started