Paper LBO that ends up being a 2.0x in 1 year. What's the IRR?
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IRR = 100%. With one year, IRR = MOIC - 1 = 2.0 - 1 = 100%.
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I would start with the recorded round, answer aloud, then check the guidance. This workbook has 33 prompts and 25 worked answers. Frameworks and research checklists are labeled separately.
Filter by round and topic in Excel. Hide the guidance, answer first, then check your work. Some prompts use a framework or a checklist rather than a worked answer. Those are labeled in the file.
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33 prompts: 25 worked answers, 8 frameworks and 0 dated research checklists. Round labels are preserved where recorded, not a promise about your process.
IRR = 100%. With one year, IRR = MOIC - 1 = 2.0 - 1 = 100%.
Independent interview practice, not official firm material. No per-question interview year is claimed.