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is considered the most risky, non-liquid investment vehicle. Select one: O a. Private equity O b. Public equity O c. Bonds O d. Bank accounts

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is considered the most risky, non-liquid investment vehicle. Select one: O a. Private equity O b. Public equity O c. Bonds O d. Bank accounts The waterfall takes place Select one: a. when the general partners need funds, b. as each portfolio firm is sold c. after the hurdle rate is paid d. during clawback

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