Viscotech Inc. is described in exercise 17.3. Determine the percentage ownership an angel group may demand for investing the $1 million sought by Viscotech at the start of year 1. If Viscotech is unable to obtain the bank loan of $500,000, it will need an equity investment of $1.5 million. What ownership percentage will the angel group demand for this investment? Assume the annual interest payment on the loan was planned to be 10 percent of the principal.