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Please kindly answer the following questions: 20) Which of the following is NOT included in the early stage of venture capital investment? A. Seed financing

Please kindly answer the following questions:

20)

Which of the following is NOT included in the early stage of venture capital investment?

A.

Seed financing

B.

Start-up financing

C.

First-stage financing

D.

Mezzanine financing

21)

Which of the following is NOT a component of the primary business activity for commercial banks?

A.

Unsecured loan

B.

Federal funds sold

C.

Bridge loan

D.

Long-term asset loan

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