![Business](/tpl/images/cats/ekonomika.png)
Benjamin Garcia's start-up business is succeeding, but he needs $210,000 in additional funding to fund continued growth. Benjamin and an angel investor agree the business is worth $840,000 and the angel has agreed to invest the $210,000 that is needed. Benjamin presently owns all 37,000 shares in his business.
Required:
What is a fair price per share and how many additional shares must Benjamin sell to the angel?
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Answers: 3
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