Lucas, an aspiring entrepreneur, established Galactic Innovations last year with an initial equity capital of $150,000, obtaining 300,000 shares of common stock. The company is now poised for expansion and requires an additional $1.5 million in funding. Stellar Ventures, a renowned venture capital firm, expresses interest in investing in Galactic Innovations. Lucas and Stellar Ventures agree on a 4-year investment horizon, during which Stellar Ventures anticipates a 35% annual rate of return on their investment. Galactic Innovations is projected to achieve annual earnings of $1.2 million four years from now, based on proforma financial statements. A comparable company recently went public, issuing 2 million shares at a market price of $18 per share. The earnings for this comparable company 12 months prior to the public share sale were $5 million. Percentage equity stake of Stellar Ventures in Galactic is? 28.883% 16.671% 20.220% 57.665%