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Entrepreneurship 10th Edition by Donald Kuratko
Edition 10ISBN: 978-1305576247Entrepreneurship 10th Edition by Donald Kuratko
Edition 10ISBN: 978-1305576247 Exercise 15
Why would a venture capitalist be more interested in buying a convertible debenture for $500,000 than in lending the new business $500,000 at a 4 percent interest rate?
Explanation
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Venture capitalist (VC):
Venture capita...
Entrepreneurship 10th Edition by Donald Kuratko
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