Liquidity needs in exchange

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Suppose that the owner of RiskAdventure, Bob Ituary is sufficiently wealthy to finance the £750,000 from his personal funds, will he do so? If he invests these funds, does he then follow the advice of the junior manager? If instead of using his own funds, Bob asks a friend for funds necessary to cover the liquidity needs in exchange for an equity stake of α%, what strategy does Bob end up following and why?

Reference no: EM133072270

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