Question: TRUE OR FALSE Venture capital fund X makes a $2 million dollar investment. 8 years later the firm liquidates its investment for $3 million. The

TRUE OR FALSE

Venture capital fund X makes a $2 million dollar investment. 8 years later the firm liquidates its investment for $3 million. The IRR of the investment is less than 4.9%.

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!