Indian Institute of Foreign Trade 2014 Solved Paper
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Directions for questions 18-19: Read the following sets of four sentences and arrange them in the most logical sequence to form a meaningful and coherent paragraph.
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Question : 18 of 118
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I. Doubts linger about Facebooks ability to be a business. Financial markets had also cratered since the Microsoft deal.
II. Big, as that is, it's considerably less than the 15 billion valuation that Microsoft and Li Ka-shing accepted in October 2007.
III. Milner's confidence that Facebook will eventually be profitable at a gigantic scale is what emboldened him to invest initially at a price that valued the company at 10 billion.
IV. But Milner's enthusiasm is such that not only did he buy stock: from Facebook, he will also be spending as much as 300 million more buying stock from employees and outside investors.
II. Big, as that is, it's considerably less than the 15 billion valuation that Microsoft and Li Ka-shing accepted in October 2007.
III. Milner's confidence that Facebook will eventually be profitable at a gigantic scale is what emboldened him to invest initially at a price that valued the company at 10 billion.
IV. But Milner's enthusiasm is such that not only did he buy stock: from Facebook, he will also be spending as much as 300 million more buying stock from employees and outside investors.
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