You are Root Capital, and your prospective investor is a multilateral development finance institution (e.g,. World Bank, African Development Bank) that wishes to invest in coffee and cocoa agricultural businesses in Africa. They want to provide capital where commercial banks are not willing to provide loans and are willing to invest $5 million in debt (i.e., total loan amount) and provide $250,000 in grant funding (i.e., cover negative total expected net income) to do so -- as long as all of their money finances businesses that improve farmer livelihoods.

What is the best portfolio you can create to meet their expectations?

a.25 loans, in coffee and cocoa sector, with expected total income of negative $328,137 and negative 6% return.

b.20 loans, in coffee and cocoa sector, with expected total income of negative $239,012 and negative 5% return.

c.10 loans, in coffee and cocoa sector, with expected total income of $6,160 and 0% return.

d.None of these.