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Venture capital required rate of return.Blue Angel Investors has a success ratio of 10% with...

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Accounting

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 18.1% for its portfolio of lending, and the average length on its loans is 44 years. If you were to apply to Blue Angel for a 120,000 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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