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Suppose that six out of ten investments, made by a VC fund, are a total loss, meaning that the return on each of them is 100 percent.

Of the remaining investments, three break even, earning a 0 percent return. One investment pays off spectacularly and earns a 650 percent return. What is the realized return on the VC fund's overall portfolio?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92070239

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