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chapter 15 q2 Venture capital required rate of return.Red Devil Investors has a success rate of one project for every four funded. Red Devil has

chapter 15 q2

Venture capital required rate of return.Red Devil Investors has a success rate of one project for every four funded. Red Devil has an average loan period of 2 years and requires a portfolio return of 23.9%. If you borrow from Red Devil, what is your annual cost of capital?

What is the annual cost of capital?

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