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As Venture Firms Attract Money from Investors, It Is Placed

Question 23

Multiple Choice

As venture firms attract money from investors, it is placed in a fund. Important issues that must be put in place with the establishment of the fund include all of the following except:


A) determine the general partners
B) establishing a fee structure
C) a profit sharing arrangement
D) establish its governance
E) the management team assigned to each borrower

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