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You are an accredited investor and have decided to invest $25,000 in your friends startup. After surveying the

market, you believe there is a good chance that the company you are investing in will achieve a liquidity event in 5 years. Given the risk associated with early stage companies, you seek an IRR of 50%. What is the expected value of your investment upon a liquidity event?

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The expected value of the... View the full answer

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