Look back at your restaurant chain venture. Suppose that when you first approach your friendly VC, he

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Look back at your restaurant chain venture. Suppose that when you first approach your friendly VC, he decides that your shares are worth only $.40 each.
a. How many shares will you need to sell to raise the additional $500,000?
b. What fraction of the firm will you own after the VC investment?
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Fundamentals of Corporate Finance

ISBN: 978-1259722615

9th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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