If you borrow from red devil what is your annual cost of


Venture capital required rate of return. Red Devil Investors has a success rate of one project for every four funded. Red Devil has an average loan period of 3 years and requires a portfolio return of 23.6 %. If you borrow from Red? Devil, what is your annual cost of capital? What is the annual cost of capital?

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Financial Management: If you borrow from red devil what is your annual cost of
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