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✨ EY Prep 🩷
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Private Equity
🟢 Easy
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What does MOIC of 2.5x mean?
A.
The fund earned a 2.5% annual return
B.
For every €1 invested, €2.50 was returned in total
C.
The fund outperformed its benchmark by 2.5 times
D.
The fund's IRR is 2.5%