AERO Corporation was founded by Mr.Chen. At the beginning of the establishment of AERO Corporation, Mr.Chen had initial shares 10,000 pieces. Mr.Chen wants to expand his business venture with take investors to invest for 5 years. Mr.Chen estimates that if you want reached the terminal value at the end of the fifth year of $ 300,000,000, then investment funds given by investors is $ 15,000,000. Financing from investors will be done as many as two stages, where the second stage is carried out in the third year (in the third years ,second stage investors will invest their funds in AERO Corporation). First stage investors demand a rate of return of 70% while the second stage investors demand rate of return of 50%. Public information shows that competitors of AERO is "SX Corppration" has a market capitalization value of $45,000,000 and obtain net profit of $30,000,000 last year.

e. Describe in the form of a pie chart the configuration of Mr.Chen's shareholding and investors as a result of the two-step financing In your opinion, is Mr. Chen's decision to undertake a two-stage financing is the right decision? Explain your analysis.

f. Based on the answers in the previous points, conduct an analysis of the impact gradual financing of the value of AERO Corporation at the end of the investment period.