Which of the following is true concerning venture capital (VC) investments?
A) The return for all types of VC investments is about 40%.
B) Only a few VC investments have a positive return and those that do average about a 19% return.
C) Most VC investments have a positive return and very few lose money.
D) Only a few VC investments make a positive return, but those that do earn a high return

Which one of the following investment banking services is likely to be the most risky?
A) investment banking underwriting and financial advising services
B) market making and brokerage function
C) investment management services for clients
D) investment in funds the firm manages and lending to clients
E) proprietary trading