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Q3. At the end a particular quarter, a fund has called $350 million of capital, has distributed $280 million to LPs, and has a residual

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Q3. At the end a particular quarter, a fund has called $350 million of capital, has distributed $280 million to LPs, and has a residual value of $300 million. [25 Marks a) What are the multiples of DPI, RVPI, and TVPI? [DPI, RVPI, and TVPI: 6 Marks each] b) Explain the results [7 Marks)

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