If you were to apply to blue angel for a 123000 loan what


Venture capital required rate of return. Blue Angel Investors has a success ratio of 10 % with its venture funding. Blue Angel requires a rate of return of 20.7 % for its portfolio of lending, and the average length on its loans is 6 years. If you were to apply to Blue Angel for a $123,000 loan, what is the annual percentage rate you would have to pay for this loan?

What is the annual percentage rate for the loan?

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Financial Management: If you were to apply to blue angel for a 123000 loan what
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