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"Carried interest" is the term used to denote the profit split of proceeds to the general partner; there were as many variations of this profit split both in the size and how it is calculated and accrued as there are firms.
(A) there were as many variations of this profit split both in the size and how it is calculated and accrued as there are
(B) there was as many variations of this profit split both in the size and in how it is calculated and accrued as there are
(C) there are as many variations of this profit split in both the size and in how it is calculated and accrued as there are
(D) there are as many variations of this profit split both in the size and in how it is calculated and accrued as there are
(E) there are as many variations of this profit split both in the size and how it is calculated and accrued as there are
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"Carried interest" is the term used to denote the profit split of proceeds to the general partner; there were as many variations of this profit split both in the size and how it is calculated and accrued as there are firms.
(A) there were as many variations of this profit split both in the size and how it is calculated and accrued as there are
(B) there was as many variations of this profit split both in the size and in how it is calculated and accrued as there are
(C) there are as many variations of this profit split in both the size and in how it is calculated and accrued as there are
(D) there are as many variations of this profit split both in the size and in how it is calculated and accrued as there are
(E) there are as many variations of this profit split both in the size and how it is calculated and accrued as there are
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I think that the answer is D.
A, B - eliminated because of the use of past tense
It was a tough choice between C, D & E.
C - 'in both X and in Y'
D - 'both in X and in Y'
E - 'both in X and Y'
D sounded the best to me because of its parallel structure.
Carried interest is so there are should be used. The VT split is followed by a pronoun both which refers to noun phrase. The key here (I feel) is and how—which is used to emphasize the preceding idea i.e size, how is size calculated.
split both in the size and how it is calculated and accrued…….
Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.