What is dah kesos equity stake worth on this date

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Question: On August 1, 2014, Dah Keso invests $40,000 of their own money in a new venture. To further help finance the venture, Dah Keso borrows $60,000 from a bank. The loan term is ten years, at which point the venture must repay the loan in full. Two years after starting the venture, the venture is valued at $50,000. What is Dah Keso's equity stake worth on this date?

Reference no: EM133360390

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