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Question
A target was purchased for $1,500.0m with an equity contribution of $500.0m, and by year 5 $500.0m of cash flow was used to repay debt. Assuming the sponsor sells the target for the enterprise value, what is the value of the sponsors equity?
A. $1,500.0m
B. $1,000.0m
C. $500.0m
D. $2,000.0m
Answer
This answer is hidden. It contains 372 characters.
Related questions
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