1. Financing provided in sequences of rounds rather than all at one time is known as?

a.crowdfunding

b.venture debt financing

c.staged financing

d.the capitalization rate

2. Calculate the after-tax WACC based on the following information:nominal interest rate on debt = 10%; cost of common equity = 20%; common equity = $600,000; interest-bearing debt = $400,000; and a tax rate = 30%.

a.18.0%

b.12.2%

c.14.8%

d.23.8%