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Question 8 1 pts FSL Inc. is seeking an investment of $72,000 from your venture capital firm. After extensive economic analysis, you estimate that the
Question 8 1 pts FSL Inc. is seeking an investment of $72,000 from your venture capital firm. After extensive economic analysis, you estimate that the exit value of the company will be $456,000 6 years from now. Because of the risk, you will only invest if you can generate of return of 16% per year on your investment. What percent of the company will you ask for in exchange for your investment today? Enter your answer as a decimal and round to 4 decimal places, for example 0.1234
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