Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter16: Financial Planning And Forecasting
Section: Chapter Questions
Problem 2P: AFN EQUATION Refer to Problem 16-1. What additional funds would be needed if the companys year-end...
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Use Table 8 to answer the next two questions. Assume the committed capital is $100, the management fee is 2.00%, and the carried interest is 20.00%. Year Called-down Paid in capital Mgmt Fees $26 $31 $21 $10 $12 2015 2016 2017 2018 2019 What is the carried interest in 2019? O $9.85 O $5.40 $9.12 4 O $11.20 Table 8 Operating NAV before Carried NAV after Results Distributions Interest Distributions Distributions -$14 $6 $11 $41 $46 $5 $10 है
![Use Table 8 to answer the next two questions. Assume the committed capital is $100, the
management fee is 2.00%, and the carried interest is 20.00%.
Year Called-down Paid in capital MomtFees
$26
2015
2016
2017
$31
$21
2018
$10
2019 $12
What is the carried interest in 2019?
$9.85
$5.40
$9.12
$11.20
Table 8
Operating NAV before Carried
NAV after
Results Distributions Interest Distributions Distributions
$14
$6
$11
$41
$46
$5
$10](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F386a901b-1d58-4e72-bed0-53949b2cb2a8%2F34d7913e-8222-4d28-9997-06d401556cec%2Fh2axxp2_processed.png&w=3840&q=75)
Transcribed Image Text:Use Table 8 to answer the next two questions. Assume the committed capital is $100, the
management fee is 2.00%, and the carried interest is 20.00%.
Year Called-down Paid in capital MomtFees
$26
2015
2016
2017
$31
$21
2018
$10
2019 $12
What is the carried interest in 2019?
$9.85
$5.40
$9.12
$11.20
Table 8
Operating NAV before Carried
NAV after
Results Distributions Interest Distributions Distributions
$14
$6
$11
$41
$46
$5
$10
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