Paper LBOs
From what I read, is there an expectation for Paper LBOs that you don't actually use paper usually? Just mental math.
From what I read, is there an expectation for Paper LBOs that you don't actually use paper usually? Just mental math.
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No, they literally hand you a blank sheet of paper and you have to do the LBO on it. No calculator.
The mental math is kinda difficult and you couldn’t possibly do a full paper LBO in your head - just try one and you’ll see what I mean.
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