MyLab Finance with Pearson eText -- Access Card -- for Corporate Finance (Myfinancelab)
MyLab Finance with Pearson eText -- Access Card -- for Corporate Finance (Myfinancelab)
4th Edition
ISBN: 9780134099170
Author: Jonathan Berk, Peter DeMarzo
Publisher: PEARSON
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Chapter 23, Problem 7P
Summary Introduction

To determine: The largest fraction of the firm that can be offered to avoid a down round.

Introduction: Pre-money valuation is the valuation of the firm before it receives new financing or investments.

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