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Use Table 8 to answer the next two questions. Assume the committed capital is $100, the management fee is 2.00%, and the carried interest is

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Use Table 8 to answer the next two questions. Assume the committed capital is $100, the management fee is 2.00%, and the carried interest is 20.00%. Table 8 Operating NAV before carried NAV after Year Called-down Paid in capital Mamt Fees Results Distributions Interest Distributions Distributions 2014 $28 $19 2015 $33 2016 $23 2017 $10 $5 2018 $6 $41 $10 $1 $36 20. What is the carried interest in 2017? A. $2.53 B. $9.00 C. $8.82 D. $7.49 21. What is the NAV after distribution in 2018? A. $107.66 B. $110.13 C. $112.66 D. $132.63

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