A new entrepreneur is relatively risk-averse with a risk-adjusted constant 5 2. Her opportunity cost is

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A new entrepreneur is relatively risk-averse with a risk-adjusted constant

λ 5 2. Her opportunity cost is $100,000 before earning a regular salary from the venture in its second year. She also invests her savings of $50,000. Calculate the minimum annual return that will be acceptable to her in the second or third year.

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Technology Ventures From Idea To Enterprise

ISBN: 9781260048490

4th Edition

Authors: Thomas Byers

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Question Posted: Oct 04, 2024 07:03 AM

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A new entrepreneur is relatively risk-averse with a risk-adjusted constant 5 2. Her opportunity cost is

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Technology Ventures From Idea To Enterprise

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