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The exit value of portfolio firm is $70M with 30% probability of failure. The target multiple for a VC is 7. If VC is expected

The exit value of portfolio firm is $70M with 30% probability of failure. The target multiple for a VC is 7. If VC is expected to own 10% of the portfolio firm at exit, what is the partial valuation to VC today?

Group of answer choices

$1M

B. $2M

C. $3M

D. $4M

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