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Liberty Group is considering making an investment in a new firm that it expects to be worth $45 million in three years, at which point Liberty plans to exit the venture. Liberty is willing to make an initial investment of $10 million, but has a required return of 55% for this risky venture. What ownership fraction will Liberty require in order to make the investment?
Older Adult
An individual who is typically defined as being in the later part of life, often considered to be ages 65 and older.
Life Expectancy
The average period that a person or organism is expected to live, based on factors such as gender, age, health conditions, and lifestyle.
Nursing Homes
Residential facilities that provide 24-hour medical and personal care for elderly or disabled individuals who cannot be cared for at home.
Black Men
Refers to male individuals of African descent, often highlighted in discussions of societal, health, or demographic topics.
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