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How to solve Update the capital balances for the LPs based on Q 1 NAV of $ 1 4 million and Q 2 NAV Of

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Update the capital balances for the LPs based on Q1 NAV of $14 million and Q2 NAV Of $16 million 1). For the purposes of this exercise there is a annual management fee of $2 million and carried interest of 15%.
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