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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
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
21.2 %
for its portfolio of lending, and the average length on its loans is
5
years. If you were to apply to Blue Angel for a
$166 comma 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?
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