Allied Investment Fund lends $200,000 for each new idea.The Fund's history is that it selects high-risk projects or ideas that hit 20% of the time.What rate of return must each successful project pay the Fund for it to break even?

Name: Allied Investment Fund lends $200,000 for each new idea.The Fund's history is that it selects high-risk projects or ideas that hit 20% of the time.What rate of return must each successful project pay the Fund for it to break even?
Brand: Quizplus
Rating: 4.8 (48 reviews)

Question

Quizplus · Accepted Answer

The Answer is D

Allied Investment Fund Lends $200,000 for Each New Idea