Cripple Creek Funds (CCF)is exploring an opportunity to make a $10 million investment to help a small technology firm to expand to a value of $75 million over the next three years. What ownership fraction must CCF get in order to meet its required return of 50%?
A)45%
B)59%
C)68%
D)75%
E)82%

Question

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The Answer of Cripple Creek Funds (CCF)is exploring an opportunity to make a $10 million investment to help a small technology firm to expand to a value of $75 million over the next three years. What ownership fraction must CCF get in order to meet its required return of 50%?
A)45%
B)59%
C)68%
D)75%
E)82%

Cripple Creek Funds (CCF)is Exploring an Opportunity to Make a $10