Oprah lends 150.000$ for each new idea. Oprah’s history is that she selects low-risk projects or ideas that hit 40% of t

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answerhappygod
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Oprah lends 150.000$ for each new idea. Oprah’s history is that she selects low-risk projects or ideas that hit 40% of t

Post by answerhappygod »

Oprah lends 150.000$ for each new idea. Oprah’s history is that
she selects low-risk projects or ideas that hit 40% of the time.
What rate of return must each successful project pay Oprah for her
to break even?
a.0% b.150% c.50% d.200%
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