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In the text (CFIA book 6) there are TWO ways to calculate the NPV of a VC project. For both instances, the questions (Question 10 and 28 in the AI reading) ask for the same answer..."calulate the NPV of the project"
why the F does CFAI give us two ways for solving the NPV! I thought that was a real sh*tty thing for the text to do.
I actually might write CFAI about this because the two different methods, while both "correct" according to the text, give TWO DIFFERENT NPVs!
Edited 1 time(s). Last edit at Monday, June 8, 2009 at 01:53PM by billbelemy22. |
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