The Cofounders for Contap Received $275,000 from Venture Capitalists

question 71

Multiple Choice

The cofounders for Contap received $275,000 from venture capitalists.What did the investors receive in return?

• A)5% royalties from future sales
• B)15% equity in the business
• C)50% equity in the business
• D)10% royalties from future sales

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Definitions:

Coupon Rate

The yearly percentage yield a bond provides, calculated against its nominal value.