________ of all start-ups fail in the first year
A) Just over three-quarters
B) Approximately two-thirds
C) More than one-half
D) Almost a third
E) Nearly one-fourth
E
Explanation: E) Starting a business is hard work and comes with no guarantee of success. Nearly one-fourth of all start-ups fail in the first year, and two-thirds survive only two years, with just over one-half surviving after five years of operation.
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