单选题 An investor is considering investing in a venture capital project that will have a large payoff at exit, which is estimated to occur in four years. The investor realizes that the risk of failure is high, given the following estimated probabilities:
【正确答案】 C
【答案解析】The probability is calculated as: (1-0.30)×(1-0.28)×(1-0.28)×(1-0.25)=0.2722 or 27.22%.