1. Calculate the return on a stock over the one-year holding period March 31, 2015, to March 31, 2016, using the following information:
- The closing price of a stock on March 31, 2015, was $154.68.
- The stock paid dividends of $1.20 per share April 20 and July 20.
- The stock split 3:1 on August 8.
- The stock paid $0.40 per share on October 20 and January 20.
- The closing price of the stock on March 31, 2016, was $65.21 per
2. Mezzanine or bridge capital is most likely to be sought (and received) at which stage of the venture life cycle?
A. Startup
B. R&D
C. Exit
D. Early Growth