Question 10 (2 points) A founder finds it difficult to raise capital so when he brings in his first outside investor, the investor obtains a full ratchet provision on his equity investor who invests $350000 for 350000 shares of the company. The founder holds 1100000 shares of the company. In the next round of financing the company, the company needs $550000 and the post-money value of the company is $1450000. What is the price per share expected to be in the next round of financing? Your Answer: Answer Question 11 (2 points) A company receives a 3-year 7% accrued interest $125000 principal loan. Principal (and accrued interest) is only paid at the end of 3 years. The company must pay the lender 3% fees up front and has to give the lender an equity interest in the company expected to be worth $35000 in 3 years. What is the effective annual return to the lender on the loan? Express your answer as a percentage to the nearest tenth of a percent i.e. 10.5% should be recorded as 10.5 Your