Essentials of Corporate Finance (Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
Essentials of Corporate Finance (Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
9th Edition
ISBN: 9781259277214
Author: Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Bradford D Jordan Professor
Publisher: McGraw-Hill Education
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Chapter 15, Problem 9CTCR
Summary Introduction

To think critically about: The reason for considering the given statement as true.

Introduction:

Start-up companies are financed by a market that funds new, often high-risk ventures and this market is termed as the venture capital market. The capital that is provided to the firm is referred to as the venture capital.

Given statement:

In this chapter, it is stated that the venture capital is very expensive.

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