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You are interested to invest in a start up firm with current revenues of $588,602 and a net loss of $-138,794. Given that it is
You are interested to invest in a start up firm with current revenues of $588,602 and a net loss of $-138,794. Given that it is not making a profit, you want to value the firm using a revenue multiple of 4.9. If you wish to acquire a 26% stake in the company, how much would you pay (in two decimal places)?
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