medium · Investment Banking

A Private Equity firm buys a company for $1,000 million using $400 million of equity and $600 million of debt. After 5 years, they sell the company for $1,500 million.

If the debt remains $600 million at exit, what is the MOIC?

  1. 1.50x
  2. 2.50x
  3. 3.75x
  4. 2.25x

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