Javier Pena has always been interested in financing artistic projects. He has recently been offered two financing opportunities in the fashion industry: financing a new line of avant-garde youth fashions designed by Jorge Vera, and financing a line of business attire designed by Paolo Ricci. Javier has had a lot of past experience with these two designers, and has observed that 20% of Vera’s fashion lines are “hits” and 80% are “misses”. Furthermore, Ricci’s fashion lines are “hits” 30% of the time, and are “misses” 70% of the time.
Javier’s net liquid assets amount to $750,000. As a
OR
PayPal Gateway not configured
OR
PayPal Gateway not configured