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You finance your company be selling convertible preferred shares. You received $60,000 from your investors and in return they received a 21% stake in the

You finance your company be selling convertible preferred shares. You received $60,000 from your investors and in return they received a 21% stake in the company. Calculate the percent of the company that the investors will receive if the exit value of your company is $157,000. Enter your answer as a decimal and round to 4 decimal places, for example 0.1234.

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