Venture capital required rate of return. Blue Angel Investors has a success ratio of 10% with...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
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 21.6% for its portfolio of lending, and the average length on its loans is 5 years. If you were to apply to Blue Angel for a $169,000 loan, what is the annual percentage rate you would have to pay for this loan? What is the annual percentage rate for the loan? % (Round to four decimal places.) 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 21.6% for its portfolio of lending, and the average length on its loans is 5 years. If you were to apply to Blue Angel for a $169,000 loan, what is the annual percentage rate you would have to pay for this loan? What is the annual percentage rate for the loan? % (Round to four decimal places.)
Expert Answer:
Posted Date:
Students also viewed these finance questions
-
In a 1994 study, 164 pregnant, HIV-positive women were randomly assigned to receive the drug AZT during pregnancy and 160 such women were randomly assigned to a control group that received a placebo....
-
Proposals: Solving a Workplace Problem in an Unsolicited Informal Proposal The ability to spot problems before they turn into serious risks is prized by most managers. Draw on your internship and...
-
A linear transformation L: V W is said to be one-to-one if L(V1) = L(v2) implies that v1 = v2 (i.e., no two distinct vectors v1, v2 in V get mapped into the same vector w W). Show that L is...
-
The equilibrium for extraction of acetic acid from water into 3heptanol at \(25^{\circ} \mathrm{C}\) is \(\mathrm{y}=0.828 \mathrm{x}\), where \(\mathrm{y}\) is weight fraction acetic acid in...
-
The treasurer of Westmark Industrial, Inc., a wholesale distributor of household appliances, wants to estimate his companys cash balances for the first three months of 2015. Using the information...
-
1. Purchased $69,000 of equipment for $9,200 cash and a note payable for the remainder. 2. Equipment was also sold during the year. 3. Sold a building that originally cost $46,000. 4. Used cash to...
-
Aaron consumes only 2 goods: avocados (a) and bread (b). His utility function is U(a,b)=ab, with MU a =b and MU b =a. The price of avocados is $4 and Aarons income is $24. He spends his entire income...
-
Create a ipynb file called PandasA4credit.ipynb and complete the following. For this assignment load but DO NOT INSTALL NumPy and Pandas: run the following at the top of your script and then complete...
-
The one-to-one function is defined below. f(x)=6-x+5 Find f(x), where is the inverse off.
-
Hailey is taking a multiple choice test. Her grade is given by the equation y=90-2x, where y represents her final score and x represents the number of questions she got wrong. What could the number 2...
-
a. M&R Company provided $3,500 in services to customers in December, which are not yet recorded. Those customers are expected to pay the company in January following the company's year-end. b. Wage...
-
"We would need to have a call with people who are currently based in Canada who have experience/knowledge in industries financial help/bailout. The goal is to assess if Bombardier (aircraft/train)...
-
Company A started at the beginning of 2019. They entered into a lease with Jan 1st as both inception and commencement date The Lease term is as below - 5 yr non-cancellable - 5% interest rate - equal...
-
Swifty company is a publicly held corporation whose $1 par value stock is actively traded at $30 per share. The company issued 3400 shares of stock to acquire land recently advertised at $93000. When...
-
The multiple linear regression model (5.6) can be viewed as a first-order approximation of the general model \[ \begin{equation*} Y=g(\boldsymbol{x})+\varepsilon \tag{5.42} \end{equation*} \] where...
-
Table 5. 6 shows data from an agricultural experiment where crop yield was measured for two levels of pesticide and three levels of fertilizer. There are three responses for each combination. (a)...
-
Prove (5.37) and (5.38).
Study smarter with the SolutionInn App