1. Pick an interesting business to buy. What do you choose and how much capital do you need to raise?
2. Consider how you would raise the money to buy it: Create your own MCC and IOS.
   1. List your various sources of funds and their costs.
   2. List various investments you could make and their guesstimated IRRs.
   3. Sketch, by hand, your MCC and IOS.
   4. Calculate your personal WACC (show your work) in Excel or by hand.

Please answer all the questions.