Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Help me Fast please Currently, peer-to-peer (P2P) lending is the second largest type of crowdfunding. True False Receivables lending involves using receivables as collateral for

Help me Fast please

  1. Currently, peer-to-peer (P2P) lending is the second largest type of crowdfunding.

    True

    False

  2. Receivables lending involves using receivables as collateral for a loan.

    True

    False

  3. A potential investor is seeking to invest $1,000,000 in a venture, which currently has 1,000,000 million shares held by its founders, and is targeting a 40% return five years from now. The venture is expected to produce half a million dollars in income per year at year 5. It is known that a similar venture recently produced $1,000,000 in income and sold shares to the public for $20,000,000. What is the percent ownership of our venture that must be sold in order to provide the venture investors target return?

    26.89%

    53.78%

    75.94%

    85.00%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Theory Of Constraints Handbook

Authors: James Cox, John Schleier

1st Edition

0071665544, 978-0071665544

More Books

Students also viewed these Finance questions

Question

Identify advantages and disadvantages of delivery styles

Answered: 1 week ago