The total project budget costs $$10,000,000$ of which is $65\%$ is funded by the lender, $30\%$ is funded by LP equity, and $5\%$ funded by MP equity. Unfortunately, you are struggling to find LP investors for this project so you decide to hire a CPA firm, they agree to source the LP equity investors but require a $10\%$ fee for every LP dollar raised, you agree and the updated budget is now $$10,300,000.$ Under the new budget, the lender agrees to fund $65\%$ and LP agrees to fund $30\%.$ What is the incremental equity that the MP has to put in relative to the original scenario? ie how much more equity will the MP contribute under the $$10,300,000$ budget vs $$10,000,000$ budget.The total project budget costs $$10,000,000$ of which is $65\%$ is funded by the lender, $30\%$ is funded by LP equity, and $5\%$ funded by MP equity. Unfortunately, you are struggling to find LP investors for this project so you decide to hire a CPA firm, they agree to source the LP equity investors but require a $10\%$ fee for every LP dollar raised, you agree and the updated budget is now $$10,300,000.$ Under the new budget, the lender agrees to fund $65\%$ and LP agrees to fund $30\%.$ What is the incremental equity that the MP has to put in relative to the original scenario? ie how much more equity will the MP contribute under the $$10,300,000$ budget vs $$10,000,000$ budget.