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Suppose that you are attempting to raise money for new business venture. The business will generate $50,000 of free-cash-flow each month in perpetuity. Say Mark

Suppose that you are attempting to raise money for new business venture. The business will generate $50,000 of free-cash-flow each month in perpetuity. Say Mark Cuban offers you $2,000,000 today to help you make the initial investment, but requires that you sell him 50% of the business. Assuming your firm is all equity financed, what monthly WACC corresponds to Marks valuation?

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