Based on course concepts and readings, explain why a VC or PE would prefer CoC vs IRR. Be able to thoroughly explain how return measurements are affected over a course of time as you explain this by explaining the chart below. (Make sure to demonstrate a thorough understanding of the chart)

ON ON 1.0 2.0 3. ON 26 ST NOT ON 100 2003 MOON w Year for investment 5 6 ON ON ON 195 IN 25 ZON 20 SON 38 BIN SN AIN NO NIT 17 ON 41 75 100 124 145 *$*$161 NET 12 15 SET NST S. NOOR 71N 82 20N 2 20 20% SOON SOON MOON 7. N16 NES NET SE NSE NIE MEE 52 ON IN 2009 216N SOON SON 28 10.0 SON NOTE YEN SEN 47 VE 20N Invested ON ON 1.0 2.0 3. ON 26 ST NOT ON 100 2003 MOON w Year for investment 5 6 ON ON ON 195 IN 25 ZON 20 SON 38 BIN SN AIN NO NIT 17 ON 41 75 100 124 145 *$*$161 NET 12 15 SET NST S. NOOR 71N 82 20N 2 20 20% SOON SOON MOON 7. N16 NES NET SE NSE NIE MEE 52 ON IN 2009 216N SOON SON 28 10.0 SON NOTE YEN SEN 47 VE 20N Invested