difference between priority funds and inferior funds:

an investment project needs 1 million yuan, with a risk-free rate of return of 6% and an expected rate of return of 15%; It is planned to raise 8 million yuan as the priority partner and 2 million yuan as the inferior partner. There are:

priority partner: the income is 8× 6% = 48, yuan

inferior partner: the income is 1× 15%-48 = 1.2 million yuan

then the investment return rate of inferior partner is 12÷2=51%

inferior investor is equivalent to 2 yuan.