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ALPHA Co . Ltd . Issued Commercial Paper as per the following details: Date of Issue: 1 7 * May 2 0 2 2 Date

ALPHA Co. Ltd. Issued Commercial Paper as per the following details:
Date of Issue: 17* May 2022
Date of Maturity: 171 August 2022
Interest Rate: 12.25%
What would be the net amount received by the company on issue of Commercial Paper if it issues a CP worth Rs 10 Crores. (Assume 365 days in a year)b)Explian role of Venture capitalist in successes of Startups c)"The companies having lower grade rating do not advertise or use the rating while raising funds from the public. In such cases the investor cannot get information about the riskness of instrument and hence is at loss ". Comment on above statement. Also, explain the role and mechanism of credit rating agencies in India.

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