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Which One of the Following Statements Is NOT True

Question 26

Multiple Choice

Which one of the following statements is NOT true?


A) The cost of venture capital funding is very high
B) On average 1 in 10 business backed by venture capitalists prove successful.
C) A typical venture capital fund may generate annual returns of 10 to 20 per cent on its investment.
D) The sole function of a venture capitalist is to provide financing for new companies.

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