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Assume cash flow from operations is $1,000,000 this year. Also assume a preferred return investment for $20,000,000 was made by the money partner which carries
Assume cash flow from operations is $1,000,000 this year. Also assume a preferred return investment for $20,000,000 was made by the money partner which carries a preferred return of 4%. Currently, an earned but unpaid preferred return of $100,000 exists. If cash flows are split 50/50 after payments of all preferred returns, what is the amount paid to the money partner? Group of answer choices $900,000 $950,000 $800,000 $1,000,000
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