In the module, we discussed the use of 'hard' and 'soft' information as it relates to entrepreneurial finance. Discuss 'hard' and 'soft' information and the relevance of these concepts as they relate to debt capital and venture capital. [50 marks] 2. Based your excellent marks on your Entrepreneurial Finance module, after graduation you are offered a job in your country's civil service, advising the finance ministry on policies to support finance for growing firms. Now, you need to provide a piece of advice to the minister related to policies to support finance for growing firms. The minister is considering policy options, which involve 1) a scheme to provide tax breaks to private equity firms (to help them acquire and sell companies more profitably) versus 2) a scheme to provide tax breaks to angel investors. Discuss who will benefit from these options and suggest an option with your rationales. [50 marks] End of Paper MOCK EXAM