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Alice Lends $200,000 for Each New Idea

Question 55

Multiple Choice

Alice lends $200,000 for each new idea.Alice's history is that she selects low-risk projects or ideas that hit 50% of the time.What rate of return must each successful project pay Alice for her to break even?


A) 0%
B) 50%
C) 100%
D) 200%

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