Principles of Corporate Finance (Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
Principles of Corporate Finance (Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
12th Edition
ISBN: 9781259144387
Author: Richard A Brealey, Stewart C Myers, Franklin Allen
Publisher: McGraw-Hill Education
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Chapter 32, Problem 15PS
Summary Introduction

To determine: The structure of a private-equity partnership.

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How can the general partner–syndicator structure the partnership to offer incentives to limited partners?
In partnership, partners act in common or act as an agent to one another . What does this mean??
What is partnership? What are its chief characteristics? Explain.
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