Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

our roommate discovers cold fusion while tinkering in Chemistry 103 . He sks you for $100 so he can send his discovery to the US

image text in transcribed

our roommate discovers cold fusion while tinkering in Chemistry 103 . He sks you for $100 so he can send his discovery to the US patent office. He ays you can either give him the money as a bond that pays interest of 0%, or as an equity investment worth 49% of his company. Cold fusion ill solve the world's energy problem, so your roommate (and his ompany) will soon be the richest entity on the planet. What should you o? Lend him the money by buying his company's $100 bond. Buy 49% of his company for $100. Refuse to give him any money, even though you are sure he really has discovered cold fusion, because you don't want him to be burdened with any debt. Report him to the Chemistry professor for not strictly following the lab instructions

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Finance questions