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Private Equity

Exam 2: T4 2020

Comprehensive exam-oriented quiz based exactly on the Private Equity T4 2020 exam and solution file.

Question 12 of 14

What is the Equity Value of a business with the following characteristics?

  • EV = 1.000
  • Net Debt = 400
  • Net Debt Like Items = 200
  • NWC Adjustment = -100 (i.e., difference between NWC at completion and normalized NWC is negative)

Write your answer in your own words. It will be graded with Gemini.

Answer freely: concise wording is fine as long as it covers the lecture point.