(Choose 1 answer)
Assuming that an entrepreneur must speak to between 10 to 15 prospective investors to actually have one investor "close"; that the amount of each investor's investment is $50,000; and you are trying to raise a minimum of $1 million. How many prospective investors must the entrepreneur speak to before they successfully raise $1 million?
A. It is impossible to estimate based on the data provided.
B. 100
C. 10 to 15
D. 200 to 300
E. 500
Exit 15
