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You are evaluating investing in a private equity fund and estimate that it will yield the following cash flows: Year 0 1 2 3 4

You are evaluating investing in a private equity fund and estimate that it will yield the following cash flows: Year 0 1 2 3 4 5 Cashflow -$1,000,000 $120,000 $288,000 $345,600 $622,080 $497,664 What ...

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