Stacys Coffee is asking for an investment of $600,000 from your venture capital firm. Stacys Coffee expects to have sales of $1,200,000 four years from now.

Question 7 1 pts Suppose that the founders of Stacy's Coffee decide that they need $2,000,000 and they want to raise this capital in two rounds. At t=0, your venture capital firm invests $1,000,000, and at t=2, Vulture Ventures invest $1,000,000. Both investors want to earn a return of 40% per year on investment. What is Vulture Venture's desired ownership fraction at t=2? 41.71% O 21.28% 58.39% 0 29.79% Question 7 1 pts Suppose that the founders of Stacy's Coffee decide that they need $2,000,000 and they want to raise this capital in two rounds. At t=0, your venture capital firm invests $1,000,000, and at t=2, Vulture Ventures invest $1,000,000. Both investors want to earn a return of 40% per year on investment. What is Vulture Venture's desired ownership fraction at t=2? 41.71% O 21.28% 58.39% 0 29.79%