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Venture capital required rate of return. Blue Angel Investors has a success ratio of 1 0 % with its venture funding. Blue Angel requires a
Venture capital required rate of return. Blue Angel Investors has a success ratio of with its venture funding. Blue Angel requires a rate of return of for its portfolio of lending, and the average length on its loans is years. If you were to apply to Blue Angel for a $ loan, what is the annual percentage rate you would have to pay for this loan?
What is the annual percentage rate for the loan?
Round to four decimal places.
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