"Alternative Investments":Venture capital investment
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Questions 1:
Compared to traditional investments, alternative investments least likelydemonstrate which of the following characteristics?
A 、Narrow manager specialization
B、 Underlying investments that are illiquid
C 、A high degree of regulation
Questions 2:
Capital provided for companies moving toward operation but before commercial manufacturing and sales have occurred best describes which stage in venture capital investing?
A 、Later stage
B 、Seed stage
C、 Early stage
C is correct. Alternative investments are less regulated and transparent than traditional investments such as equity and debt securities.
A is incorrect because narrow manager specialization is a characteristic of alternative investments.
B is incorrect because a characteristic of alternative investments is that the underlying investments are illiquid.
C is correct. Early-stage financing is capital provided for companies moving toward operation but before commercial manufacturing and sales have occurred.
A is incorrect. Later-stage financing is provided after commercial manufacturing and sales have begun but before any initial public offering.
B is incorrect. Seed-stage financing is capital provided for a business idea.
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