Carl wants to purchase a local soccer franchise Classity the sources of finance for this new business. 1. angel investor
2. venture capitalist
3. goverment
4. banks
5. equity
6. convertible bond

issued a $1,000 security that can be converted to 100 shares after 5 years.

granted tax incentives for stadium improvements.

sanctioned a long-term loan in exchange for collateral.

buy 10% of the company in exchangefor cash.

impressed with the business plan, Mr. Doyle provided $75,000

secured $100.000 from the sale ofcommon stock.