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QUESTION 19 A new business opportunity has a 60% chance of being worth $500,000 next year and a 40% chance of being worth $100,000. The

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QUESTION 19 A new business opportunity has a 60% chance of being worth $500,000 next year and a 40% chance of being worth $100,000. The appropriate expected rate of return is 10%. This new opportunity will be financed with a $150,000 loan. What must the promised rate of return on the loan be? Round your answer to the nearest hundredth of a percent. A 30.11% B. 38.89% C27,88% D.28.57%

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