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i. What amount must the entrepreneur promise to repay the bank (except in bankruptcy, when the bank will only get the remaining proceeds after legal

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i. What amount must the entrepreneur promise to repay the bank (except in bankruptcy, when the bank will only get the remaining proceeds after legal fees}? ii. What proportion of the company (the proportion of the prmds after the bank has been repaid} must the entrepreneur give to the stock investors? iii. Please fill in the following amounts that will be received by each party if the project goes well, if it goes badly, and on average. Project goes well Project goes badly Expected outcome c. Which financing approach {a} or (b) makes more sense for the entrepreneur? Please explain briey and quantify the size of the benefit of using the better approach. d. How much would the entrepreneur be willing to pay for full insurance (if he could precommit to buy this insurance before raising money for his project} in case (a) and in case (b)?I

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