Please see the attached file and provide corrections and explanations where necessary. I'm working on the this homework template today.

Thank you

In November 2009, Accel Growth Fund invested $20 million in Groupon by buying 2,932,553 shares of Series E convertible preferred stock. Accel received $1,298,630 in dividends from the preferred stock in 2010. What was the realized IRR of this investment, if the fund sold at IPO and "each share of Series E preferred stock was converted into 12 shares of Class A common stock on October 31, 2011" (Amendment No. 8 to form S-1, filed with SEC on November 2, 2011, page II-3)? Accel Growth Fund IRR on Equity Investment Series E preferred stock Equity Value Year 0 Shares Investment date Conversion ratio IPO price IPO date Class A Common Stock Conversion ratio Converted Shares Equity Value Year 0 Dividends in Year 1 Equity Value Year 2 IRR $20,000,000 2,932,553 1-Nov-09 12 $20 31-Oct-11 12 35,190,636 703,812,720 $1,298,630 $14,076,254,400 ng 2,932,553 ds from the old at IPO s A common vember 2, Value given in problem Formula/Calculation/Analysis required https://www.sec.gov/Archives/edgar/data/1490281/000104746911008921/a2205238zs-1a.htm