Which ONE of the following statements is true?
A) A typical venture capital fund may generate annual returns of 10 to 20 per cent on the money that it invests, compared with an average annual return for the S&P/ASX 300 of about 12 per cent.
B) A typical venture capital fund may generate annual returns of 12 per cent on the money that it invests, compared with an average annual return for the S&P/ASX 300 of about 20 per cent.
C) A typical venture capital fund may generate annual returns of 10 to 12 per cent on the money that it invests, compared with an average annual return for the S&P/ASX 300 of about 20 per cent.
D) None of the above
Correct Answer:
Verified
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