QUESTION 3 (25 MARKS) (A) You have started a startup eight months ago, and you expect your company to make a profit in year 4 when your company's expected net income to be RM800,000. A venture capitalist has got in touch with you and plans to invest RM500,000 in your company. Your peer, Zet Company which is a comparable firm to your company, is trading at RM1.20 per share. Zets net income for the recent year is RM400,000, and it has 200,000 shares outstanding. (i) Based on the above information, explain which method can be used to value your company's value. (4 marks) (ii) Apply that method to compute the value of your company at the end of year 4. (4 marks) (iii) Calculate the present value of your company if the venture capitalist wants a 30% compound annual rate of return on a similar investment. (4 marks) (iv) How many percent of ownership would you give up to the venture capitalist? (4 marks)