LBO & Paper LBO
Give the standard MOIC-to-IRR table interviewers expect you to recall for a 5-year hold.
Model answer
Over 5 years: 1.5x ≈ 8.4%, 2.0x ≈ 14.9%, 2.5x ≈ 20.1%, 3.0x ≈ 24.6%, 3.5x ≈ 28.5%, 4.0x ≈ 32.0%. Round in your head to ~8%, ~15%, ~20%,…
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