A fund has raised $235 of committed capital. In the first year it calls $100 million...
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A fund has raised $235 of committed capital. In the first year it calls $100 million from LPs, in the second year it calls $25 million, and in the third year it calls $ 40 million. The fund also makes a distribution from an exit in the third year of $80 million. What is the dry powder in the fund? Please answer in millions of dollars to 2 decimal places (eg. $1,500,000 should be entered as 1.50): dents experiencing difficulties using Moodle? Contact External TELT Support for assistance. Next page A fund has raised $235 of committed capital. In the first year it calls $100 million from LPs, in the second year it calls $25 million, and in the third year it calls $ 40 million. The fund also makes a distribution from an exit in the third year of $80 million. What is the dry powder in the fund? Please answer in millions of dollars to 2 decimal places (eg. $1,500,000 should be entered as 1.50): dents experiencing difficulties using Moodle? Contact External TELT Support for assistance. Next page
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The dry powder in the fund is 170 millionThis is calculated by s... View the full answer
Related Book For
Intermediate Accounting Volume 2
ISBN: 9781260881240
8th Edition
Authors: Thomas H. Beechy, Joan E. Conrod, Elizabeth Farrell, Ingrid McLeod-Dick, Kayla Tomulka, Romi-Lee Sevel
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