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How large does an exit have to be to justify a $10M investment for a 28% ownership if we expect to wait 5-7 years for

How large does an exit have to be to justify a $10M investment for a 28% ownership if we expect to wait 5-7 years for an exit and our current ownership will be diluted 50% before an exit occurs if the probability of project success is 20% and the expected return that limited partners require is 15%? 1 point

Between $359 and $475 million

Between $718 and $950 million

Between $100 and $133 million

None of the above

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