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发表于 2011-7-11 19:20 | 显示全部帖子
IRR from calculator

PV = -40 (original investment)
FV = 45 (profit + original investment)
N = 2
PMT = 0
CPT I/Y

6.07%

since 6.07 < 8 (hurdle rate) then no carried interest is paid

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