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Homework: Chapter 15 Homework SA Score: 0 of 1 pt 1 of 10 (1 complete) HW Score: 10 X P15-1 (similar to) Question Venture capital

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Homework: Chapter 15 Homework SA Score: 0 of 1 pt 1 of 10 (1 complete) HW Score: 10 X P15-1 (similar to) Question Venture capital required rate of return. Blue Angel Investors has a success ratio of 10% with its venture funding. Blue Angel requires a rate of return of 19.5% for its portfolio of lending, and the average length on its loans is 6 years. If you were to apply to Blue Angel for a $139,000 loan, what is the annual percentage rate you would have to pay for this loan? What is the annual percentage rate for the loan? 1% (Round to four decimal places.) Enter your answer in the answer box and then click Check Answer All parts showing Clear All Check

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