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Maple Ventures has a success ratio of 20% with its venture funding. The managers at Maple require a 27% return on their portf


curn on their portfolio of lending and the average length of an investment is 4 years. If you are this loan?
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Answer #1

We see that the annual percentage rate required is given as=(130000*1.27^4/130000*1/20%)^(1/4)-1
=89.91%

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