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19 2.5pt A private equity fund investments $20 million in Project A that they exit in 12 months with $30 million. They invest $25 million

19 2.5pt A private equity fund investments $20 million in Project A that they exit in 12 months with $30 million. They invest $25 million in Project B and exit in 12 months with $23 million. The carried interest rate is 13.00%. Calculate the carried interest

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