You Are a Venture Capitalist Who Is Approached by a Firm

You are a venture capitalist who is approached by a firm that is willing to sell you 30% of the firms common stock.You believe the firm will be worth $800 million dollars when it IPOs in 5 years.If you require a 50% return on investments with this firm's risk characteristics,what amount will you have to invest today in order to purchase 30% of the firm's common shares?

A) $240.000 million
B) $105.350 million
C) $31.605 million
D) none of the above