Question 4 (1 point) Assume that Everest proposes to invest $23.1 million in ORN. Pete Perez believes that net income for 2017 should be used to determine the value of the company in six years. He uses the average P/E of the two companies he considers most comparable to ORN, APT and ARUN. Using the VC method and assuming a target return of 45% per year, what percentage ownership of the company does Pete Perez believe Everest needs to get for its $23.1 to obtain its target return? Their investment will be used to buy new shares issued by the firm, not to buy out current shareholders. Remember that since the comps are publicly traded and ORN is private, Everest and Pete Perez apply a 30.0% discount