Question: On August 1 , 2 0 1 4 , Dah Keso invests $ 4 0 , 0 0 0 of their own money in a

On August 1,2014, Dah Keso invests $40,000 of their own money in a new venture. To further help finance the venture, Dah Keso borrows $60,000 from a bank. The loan term is ten years, at which point the venture must repay the loan in full. Two years after starting the venture, the venture is valued at $50,000. What is Dah Keso's equity stake worth on this date?

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