13.A company's current cost of capital is based on:

A) both the returns currently required by its debtholders and stockholders.

B) the current market rate of return on equity shares.

C) the weighted costs of all future funding sources. D) only the return required by the company's current shareholders.

E) the company's original debt-equity ratio.

21. It is common for venture capitalists to receive at least ________ percent of a start-up 21) company's equity in exchange for the venture capital.

A) 15

B) 40

C) 10

D) 30

E) 20