Question: 9.2 Suppose that EBV decides to consider six possible structures for the Series A stock in Exercise 8.2: Structure I: The original structure considered in

 9.2 Suppose that EBV decides to consider six possible structures for

9.2 Suppose that EBV decides to consider six possible structures for the Series A stock in Exercise 8.2: Structure I: The original structure considered in Exercise 8.2: 6M shares of CP. Structure II: 6M shares of common. Structure III: RP +6M shares of common. Structure IV: PCP with participation as-if 6M shares of common. Structure V: PCPC with participation as-if 6M shares of common, with liquidation return capped at 5 times OPP. Structure VI: RP ( 44MAPP)+5M shares of CP ( 22MAPP). Structures IV and V have mandatory conversion upon a QPO, where a QPO is any offering of at least \$5 per common share and $15M of proceeds. For the purpose of solving this problem, assume that any exit above $5 per share will qualify as a QPO (i.e., acquisitions for at least $5 per common share would also be considered to be QPOs). Draw an exit diagram for each structure. 9.2 Suppose that EBV decides to consider six possible structures for the Series A stock in Exercise 8.2: Structure I: The original structure considered in Exercise 8.2: 6M shares of CP. Structure II: 6M shares of common. Structure III: RP +6M shares of common. Structure IV: PCP with participation as-if 6M shares of common. Structure V: PCPC with participation as-if 6M shares of common, with liquidation return capped at 5 times OPP. Structure VI: RP ( 44MAPP)+5M shares of CP ( 22MAPP). Structures IV and V have mandatory conversion upon a QPO, where a QPO is any offering of at least \$5 per common share and $15M of proceeds. For the purpose of solving this problem, assume that any exit above $5 per share will qualify as a QPO (i.e., acquisitions for at least $5 per common share would also be considered to be QPOs). Draw an exit diagram for each structure

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