"ALOTACASH" Venture Capital Fund currently has its money tied up in 12 investments.Of those investments 3 are expected to fail (i.e a return of -100%) ,and 6 are expected to generate a zero return.The three remaining projects are supposed to yield a return of 70%,83% and 167%,respectively.What is the average return on "ALOTACASH"s investments?
A) 12.68%
B) -4.57%
C) 8.93%
D) 1.67%
Correct Answer:
Verified
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