John only investment is in a unit trust. John strongly believes that he will have better returns by investing in the stock market (SGX). He has heard of SPACs, or special purpose acquisition companies, which have become very popular recently. Examine what SPACs are and appraise whether an investment in a SPAC is suitable for Terrence.

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter12: Professional Venture Capital
Section: Chapter Questions
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John only investment is in a unit trust. John strongly believes that he will have better returns by investing in the stock market (SGX). He has heard of SPACs, or special purpose acquisition companies, which have become very popular recently. Examine what SPACs are and appraise whether an investment in a SPAC is suitable for Terrence.

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