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Alex and Myra have lots of brilliant ideas on creating a new business but are lack of funds. You as a friend has found out

Alex and Myra have lots of brilliant ideas on creating a new business but are lack of funds. You as a friend has found out that Malaysia has numerous venture capitalist that could assist their idea. Explain to your friends about venture capital and how they could assist in providing funds. (10 marks)

(b) Explain the financial needs of a firm in different stages. Depicts their needs using the life cycle of a firm. (15 marks)

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