medium · Private Equity

An LBO model shows a Year 5 exit where Enterprise Value is $1,200M and ending Net Debt is $400M. The initial sponsor equity was $200M.

What is the IRR over the 5-year hold, assuming a single entry and exit cash flow?

  1. 24.6%
  2. 32.0%
  3. 14.9%
  4. 40.0%

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