How large does an exit have to be to justify a $10M investment for a 28%...
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How large does an exit have to be to justify a $10M investment for a 28% ownership if we expect to wait 5-7 years for an exit and our current ownership will be diluted 50% before an exit occurs if the probability of project success is 20% and the expected return that limited partners require is 15%? O O O Between $359 and $475 million Between $718 and $950 million Between $100 and $133 million None of the above How large does an exit have to be to justify a $10M investment for a 28% ownership if we expect to wait 5-7 years for an exit and our current ownership will be diluted 50% before an exit occurs if the probability of project success is 20% and the expected return that limited partners require is 15%? O O O Between $359 and $475 million Between $718 and $950 million Between $100 and $133 million None of the above
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Answer rating: 100% (QA)
Between 718 and 950 million detailed explanation The exit value must be at least 718 million in ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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