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PLEASE SHOW WORK :) Question 9 072 pts XYZ Inc. is seeking an investment of $66,000 from your venture capital firm. After extensive economic analysis,
PLEASE SHOW WORK :)
Question 9 072 pts XYZ Inc. is seeking an investment of $66,000 from your venture capital firm. After extensive economic analysis, you estimate that the exit value of the company will be $454,000 6 years from now. Because of the risk, you will only invest if you can generate of return of 10% per year on your investment. The founders want to have 49,000 shares of the company. How many shares a the company will your venture capital fund ask for? Round all your calculations to at least 4 decimals. Round your answer to the nearest whole number of shares, for example 100123. 12,618 wer 16,997 margin of error +/- 10Step by Step Solution
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