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4

Exit & Returns

Value the business at exit, bridge to equity, and judge the deal on MOIC and IRR.

Module checkpoint

3 questions · score 70% or higher to pass.

1.Exit EBITDA $100, exit multiple 8x, net debt $150. Exit equity?
2.Entry equity $300 -> exit $900 over 5y. MOIC?
3.MOIC vs IRR: