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What percentage of common stock would you require to invest the needed $ 3 5 million? Would Dr . Aplin be willing to sell yoh

What percentage of common stock would you require to invest the needed $35 million? Would Dr. Aplin be willing to sell yoh this percentage ownership of AFC? For Questions 4 through 9, assume you are the manager of a venture capital fund, and a bank is offering to loan $20 million of the $55 million financing requirement. The after-tax cash outflows to service the bank debt are $5,$5,$5,$5, and $10 million in Years 1 through 5, respectively. You are considering providing an equity investment for the remaining $35 million required by AFC.
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