venture value valuation concept assume the forecasted cash flow percent in problem $2$ for the TecOne corporation venture also hold for the lowtec venture however investors in low tech have an expected rate of return of $30\%$ on their investment until year $6$ when the rate of return is expected to drop to $18\%$ the perpetuity growth rate for cash flows after year $6$ is expected to be $7\%$

determine the present value of the lowtec venture

if an outside investor offers to invest $$1\mathrm{.}5$ million today, what percentage ownership in lowtec should be given to the new investor