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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

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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 19.8% for its portfolio of lending, and the average length on its loans is 4 years. If you were to apply to Blue Angel for a $111,000 loan, what is the annual percentage rate you would have to pay for this loan? What is the annual percentage rate for the loan? D96 (Round to four decimal places.)

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