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CFA Method of VC Payoff

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.

No they do not.

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