The information for XZY Inc. in Exhibit 1 is for the base case. Exhibit 2 specifies that
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Exhibit 2 specifies that the financing will be done in two rounds where round one is for $1M and the second round of financing (to happen at end of year 2) is for $3M. The discount rate is 50% for years 1 and 2 but drops to 40% thereafter. "X" means some calculation or a number needs to be filled in that cell. The absence of "X" means no calculation/number is expected. Submit the above exhibits the way they are presented here showing all the calculations in the appropriate column(s) along with a cover page to indicate the names of those in the group and what each individual contributed to the assignment.
Related Book For
Ethical Obligations And Decision Making In Accounting Text And Cases
ISBN: 9781264135943
6th Edition
Authors: Steven Mintz
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