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You finance your company be selling convertible preferred shares. You received $53,000 from your investors...

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Finance

You finance your company be selling convertible preferred shares. You received $53,000 from your investors and in return they received a 25% stake in the company. Calculate the percent of the company that the investors will receive if the exit value of your company is $195,000.

Enter your answer as a decimal and round to 4 decimal places, for example 0.1234.

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