Assume that you sell $100,000 of a 10 percent shareholding with a payment of the future one year from now is $1.5 million. A. Explain what is meant by implied return for the owner of 10 percent?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter15: Harvesting The Business Venture Investment
Section: Chapter Questions
Problem 1fM
icon
Related questions
Question
Assume that you sell $100,000 of a 10 percent shareholding with a payment of the future one year from now is $1.5 million. A. Explain what is meant by implied return for the owner of 10 percent?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Private Placement
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Entrepreneurial Finance
Entrepreneurial Finance
Finance
ISBN:
9781337635653
Author:
Leach
Publisher:
Cengage