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
 
Marks: +1, -0
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.
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