Assumptions:

1. Your business has been in existence for 10 years, and by all measures has been successful.

2. Your company is profitable and has been profitable for many years.

3. You have a positive net worth, and you have significant assets.

4. Your company needs to raise $1M for capital improvements

Answer the following:

3. Be specific and outline in total how you will raise your funds, and what will be your cost of funds? Using what we have learned so far in class, explain your reasoning and express your cost of funds thoroughly.