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What is the Deposit Facility Rate in the Eurozone?
2.0%
Biggest LBO of all time. Who was it led by?
$55 billion acquisition of EA, led by Silver Lake, Saudi Arabia's Public Investment Fund (PIF), and Affinity Partners.
What separates Morocco from Spain? What country does it belong to?
Gibraltar, UK
What is the 2025 sequel to the highest-grossing film of all time?
Avatar
When travelling at an average speed of 30 miles per hour, a car can cover a distance of 60 miles. How fast would the car have to travel the same 60-mile route back home in order to maintain an average speed of 60 mph throughout the trip?
The first stage of the journey is 60 miles long and takes an average speed of 30 miles per hour. As a result, the car travelled for a total of 2 hours (60/30). In order for the car to cover 120 miles at an average speed of 60 mph, it would need to travel for exactly 2 hours (120/60). Because the car has already travelled for two hours, it will be impossible for it to maintain an average speed of 60 miles per hour for the duration of the trip.
Who is the next appointed Chair of the Fed?
Kevin Warsh
What are 3 LBO Exit Strategies. Explain.
E.g.
Strategic Sale (Trade Sale): Selling to a corporate buyer for high premiums (synergies), often used when a sector is consolidating.
Secondary Buyout (SBO): One PE firm sells to another, often when an asset still has growth potential.
Initial Public Offering (IPO): Listing the company on a public stock exchange, allowing for a gradual or full exit.
The largest desert in the world
Antarctica
How many degrees are there in the angle between the hour and minute hands of a clock when the time is quarter past three?
The minute hand is exactly at 90 degrees, while the hour hand has made one quarter of the way from three to four, that is from 90 to 120 degrees. Therefore, the difference is 90+0.25*(120-90)-90=7.5 degrees.
What is the main driver of Danaher acquiring Masimo ?
The special technologies in acute care that they provide.
Suppose EBITDA 500, and entry + exit EV/EBITDA = 8x, and suppose an outstanding debt 2500. If the firms is able to use the cash flows of the company to bring the debt to zero. What is the initial and final EqV and the net capital gain?
EqV(Initial) = 1500
EqV(Final) = 4000
Net Capital Gain = 2500
The largest U.S. state by land area
Alaska
You have two glasses, one holding 5 liters and the other holding 3 liters. How can you fill one glass with exactly 4 liters?
Fill the 5l glass, pour from there into the 3l glass and empty the 3l glass. Pour the remaining 2l from the big glass into the small one. Fill the 5l glass again and pour from there into the 3l glass until it is full. You now have 4l in the big glass. This is of course not the only way to solve it.
How many times was the Alphabet bond oversubscribed ?
10 times
What is the IRR of an investment that triples in 5 years?
114/5 =22,8
The country borders both the Atlantic and Indian Oceans
South Africa
A cube of 10 m3 volume is divided into 1,000 small cubes of one cubic meter volume. This cube is dipped in paint. How many cubes are colored?
The uncolored cubes are the ones inside. If you think of the cube as divided into “3D” columns and rows that go through the cube, you will see that the first and last of each row will be colored, and the 8 remaining will be inside. There are 8*8*8 uncolored cubes inside i.e. 512, so the number of colored cubes is 1000-512=488.
What was the premium highlighted by ZIM for the February 13th close?
58%
What is a dividend recap and how would it impact IRR and MOIC?
A dividend recapitalization significantly boosts a PE firm's IRR by returning invested capital early, reducing the time cash is tied up in a portfolio company. By using new debt to pay a dividend, the firm accelerates cash flows (shorter holding period) and lowers investment risk.
The Southeast Asian country formerly known as Siam
Thailand
You have 100 balls (50 black balls and 50 white balls) and 2 buckets. How do you divide the balls into the two buckets to maximize the probability of selecting a black ball if 1 ball is chosen from 1 of the buckets at random?
You are assuming that one of the two buckets is chosen at random, and then one of the balls from that bucket is chosen at random. You want to put 1 black ball in 1 of the buckets and all of the other 99 balls in the other bucket. This gives you just slightly less than a 75% change of having a black ball chosen. The math works as follows: There’s a 50% chance of selecting the bucket containing 1 ball with a 100% chance of selecting a black ball from that bucket. And a 50% chance of selecting the bucket containing 99 balls with a ~49.5% (49/99) chance of selecting a black ball from that bucket. Total probability of selecting a black ball is (50% % 100%) + (50% * 49.5%) = 74.7%.