I have asked this before but have never got an an answer. I belive some else had asked as well. Please can someone explain the calculation of Gross and Net IRR in private equity. I have never been able to get back the answers in the CFAI example , top of volume 5 pg 77 Please help Cheers
I did post an answer definitely back then http://www.analystforum.com/phorums/read.php?12,1138831,1138848#msg-1138848
bump for jeffsick…
bump2…
what does bump mean
I had answered this question on another thread - which I have linked here …so I was pointing you to the link… which is present 3 mails up. “bump” was just to bring this up in the chain - so you were able to see it.
seen it and it is a great help, since i am currently reviewing private equity at this very moment. I also liked ur explanation as to why a payer swaption is like a put option on a fixed interest rate, although I knew the answer, the emphasis on the P’s and C’s is a really good way to remember it.