CFA Level I sample question

CFA Level I 2. Alternative Investment Performance and Returns question

Alternative Investments / 2. Alternative Investment Performance and Returns

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2. Alternative Investment Performance and Returns sample question

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Alternative Investments

2. Alternative Investment Performance and Returns

A private capital fund has paid-in capital of USD40 million, cumulative distributions of USD28 million, and residual value of USD36 million. The multiple of invested capital is closest to:

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