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Miller Venture Capital Fund Wants to Average a 50% Return

Question 35

Multiple Choice

Miller Venture Capital Fund wants to average a 50% return on its investments.Of the 15 total investments 5 have failed (i.e a return of -100%) ,and 7 generated a zero return.What has to be the average return on the three outstanding investment in order for Miller to reach its investment goal?


A) 268%
B) 417%
C) 124%
D) 930%

Correct Answer:

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