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You are considering investing in a private company that is owned by a friend of yours. You have read through the companys financial statements and
You are considering investing in a private company that is owned by a friend of yours. You have read through the companys financial statements and believe that they are reliable. Multiples of similar publicly traded companies in the same industry suggest that the value of a share of stock in your friends company is $12. Should you be willing to pay $12 per share?
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