1. Three venture investments previously made by BKAngel, a venture investor, achieved the following outcomes for the year just completed:

   Venture	Initial	Cash	Ending
   Ven1	$1,000,000	$350,000	$750,000
   Ven2	$450,000	$80,000	$400,000
   Ven3	$400,000	$90,000	$460,000

   Calculate an expected rate of return for a portfolio of these three venture investments weighted by each ventures investment share of the total investment.

   	a.	15%
   	b.	125%
   	c.	-11%
   	d.	none of the other choices

2.

1. Using the information in the previous question, on the 3 ventures, identify the coefficient of variation

   	a.	0.35
   	b.	0.78
   	c.	1.25
   	d.	none of the other options