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an investor puts $50 million of equity capital into a business in exchange for a 90% equity stake. three years later, the business is sold
an investor puts $50 million of equity capital into a business in exchange for a 90% equity stake. three years later, the business is sold for a $90 million transaction value, when its sold it has $15 million of debt and $3 million of cash. what is the annualized return to investor?
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