1. Find the Discounted Payback Period for the following project. The discount rate is 10%
Initial Outlay $16,807
Year 1 $5,871
Year 2 $5,145
Year 3 $5,654
Year 4 $8,242
2. Some of us may have heard of the term "angel investor" - what is meant by this? What role do they play in helping a company succeed?
3. What is meant by venture capital funding? What level of risk does it usually carry?