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Vencap enterprises is evaluating an investment opportunity that can be purchased for $ 3 0 , 0 0 0 . For the product development will

Vencap enterprises is evaluating an investment opportunity that can be purchased for $30,000. For the product development will require contributions of $30,000 in the year one and $10,000 iN year two. Then returns of $20,000, $60,000, and $40,000 expected in the three following years. Cost of capital is 20%. What price should Vencap offer for the investment opportunity?

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