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Use the following information for the next question also. Assume that there has not been a discussion specifically about valuation and the venture capitalist

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Use the following information for the next question also. Assume that there has not been a discussion specifically about valuation and the venture capitalist offers to invest the $400,000 required by the company in return for 40% of the equity. The total value of the equity in the company following the new investment will be equal to: $800,000 O $1,000,000 O $1,200,000 O $1,350,000

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