As a venture capitalist, in which of the following steps would you be most likely to assist a company with an initial public offering to raise additional capital?

		A) valuation
		B) exit
		C) value creation
		D) deal flow

If there is no relative benchmark against which to measure a hedge fund s performance, that fund may be referred to as _______.

		A) relative
		B) effective
		C) absolute
		D) weighted

The API Fund currently has assets under management of $450 million. If the company uses a 2/20 fee structure, what is the yearly management fee?

		A) $4,500,000
		B) $1,900,000
		C) $9,000,000
		D) $14,000,000

During a Shark Tank series, you decide to make an investment in a new firm that you expect to be worth $45 million in three years, at which point you plan to exit the venture. You are willing to make an initial investment of $10 million but have a required return of 55% for this risky venture. What ownership fraction will you require in order to make the deal?

		A) 45%
		B) 55%
		C) 70%
		D) 83%

the five-month futures contract price for gold is currently $1,671.39 per ounce, what should we expect the current spot price to be if the annual interest rate is 3.75%?

		A) $1,645.95
		B) $1,658.47
		C) $1,668.58
		D) $1,671.39

You estimated the NOI of your building to be $271,000; with operating costs of $29,000 per year. If the occupancy rate was 83%; what was the potential income on this property?

		A) $155,000
		B) $162,153
		C) $263,932
		D) $361,446