Question Construction corporate, finance, question, next

chunty

It seems to me like I have always heard that the CFAI won't ask a question that is dependent on prior questions.

So in other words, one question asks you to find the wacc, then the next asks you to use that wacc in a calc.

in the corporate finance EOC's there is a significant amount of

Q1"calculate after tax cash flows"

Q2 " calculate terminal value net of taxes"

Q3 "Calculate NPV"



You couldn't really have arrived at the third without having arrived at the first two correctly.

I'm assuming their doing this becauae its juts a sample - what do you guys think?



Edited 1 time(s). Last edit at Tuesday, April 27, 2010 at 07:05PM by rolo550.