Question 7 1 points Save Answer As a venture capitalist, you have invested $3 million into a start-up company for 35% of the company's ownership. If the deal is structured as convertible preferred stock. If a potential acquirer offers $4 million for this company, what is the net payout for venture capitalist? O a. $100,000 O b. $0 O c. $350,000 O d. $450,000Question 8 1 points Save Answe If a venture capital fund draws down $100 million from a investor (limited partner) in July 2014 and returns a distribution of $200 million in July 2017. Alternatively, the investor could have invested in the public market, but the same investment in July 2014 in the S&P 500 would have yielded $139 million if sold in July 2017, the PME of this investment; O a. PME = 1 O b. PME 1 O d. PME = 0