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. O $1.04 O O $1.30 $6.89

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. $1.04 $1.30 $6.89