Assume that the waterfall structure is a compounded, cumulative, annual calculation with annual distribution. Tier 1 is the Preferred Return, paid Pari Passu (i.e., the Tier 1 Sponsor Promote is 0%). What is the TIER 1 Year 3 Sponsor Equity Cash Flow? ** SAVE YOUR EXCEL WORK TO ASSIST WITH SUBSEQUENT TEST QUESTIONS **
The Holiday SALE is Here! Get 50% OFF Excel Models with code: 2025_50 Shop Now
left to take 50% off with coupon code: yearend50