Rhonda lends 200.000$ for each new idea. Rhonda’s history is that he selects low-risk projects or ideas that hit 60% of

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answerhappygod
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Rhonda lends 200.000$ for each new idea. Rhonda’s history is that he selects low-risk projects or ideas that hit 60% of

Post by answerhappygod »

Rhonda lends 200.000$ for each new idea. Rhonda’s history is
that he selects low-risk projects or ideas that hit 60% of the
time. What rate of return must each successful project pay Rhonda
for him to break even?
a. 66,67%
b. 50.00%
c. 33.33%
d. 25.00%
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