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Part 3 to my earlier questions Module 12 - Competency Evaluation A potential investor is seeking to invest $1,500,000 in a venture, which currently has
Part 3 to my earlier questions
Module 12 - Competency Evaluation A potential investor is seeking to invest $1,500,000 in a venture, which currently has 2,000,000 shares held by its founders, and is targeting a 40% return four years from now. The venture is expected to produce $2,200,000 in income per year at year 4. It is known that a similar venture recently produced $1,500,000 in income and sold shares to the public for $17,500,000. 14) What is the number of shares issued to the second round investor? (whole shares) 15) What is the new price per share for the second round investor? (round to 5 decimal places) 16) What is the pre-money valuation for the second round investor? (whole $'s) 17) What is the post-money valuation for the first round investor? (whole s's) Step by Step Solution
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