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Could you please answer all of these question please. Thank you so much, thumb up for sure . :) Question 10 Bluecorp is a startup

Could you please answer all of these question please. Thank you so much, thumb up for sure . :)

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Question 10 Bluecorp is a startup in the biotech industry. Hot yet (a) As an angel investor, you plan to invest \$2 million in Bluecorp in exchange for a convertible note. Explain what the convertible note is and Why you ask for the convertible note instead of equity ownership. (4 marks) Maried out of (b) After a few years, Bluecorp plans to obtain more external capital to support its new projects. According to the pecking order theory 7,0a explain whether Bluecorp will prefer debt issuance or equity issuance to obtain external capital. ( 3 marks)

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