Question: Please complete attached file. This is due asap. please and thank you In November 2009, Accel Growth Fund invested $20 million in Groupon by buying

 Please complete attached file. This is due asap. please and thank

Please complete attached file. This is due asap. please and thank you

you In November 2009, Accel Growth Fund invested $20 million in Groupon

In November 2009, Accel Growth Fund invested $20 million in Groupon by buying 2,932,553 shares of Series E convertible preferred stock. What was the realized IRR of this investment, if the fund sold at IPO and "each share of Series E preferred stock was converted into 12 shares of Class A common stock on October 31, 2011" (Amendment No. 8 to form S1, filed with SEC on November 2, 2011, page II-3)? To find the IPO price, you should download Groupon's IPO prospectus (form 424B4) from Edgar or other sources. Accel Growth Fund IRR on Equity Investment Series E preferred stock Equity Value Year 0 Shares Price at Issue Class A Common Stock Conversion ratio Converted Shares IPO Price Nov. 4, 2011 Equity Value Year 2 IRR $20,000,000 2,932,553 12 buying ed IRR of this ck was converted No. 8 to form Sou should ces. Value given in problem Formula/Calculation/Analysis required

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!