Another error in Volume 4? Leveled Beta content, comparable, error, wish, reading

bchadwick

Hi, I’m reviewing the summary of reading 45  cost of capital.
On page 73, the book shows:
Beta L, project = Beta U, comparable = [1 + ((1  t project). D project/E project)]
Should it be:
Beta L, project = Beta U, comparable x [1 + ((1  t project). D project/E project)]
Gosh, I wish I were wrong. This is the summary of the reading content!!!
Hui

stalkey

yup there was an error and i think its on the very end of the page, but when it did the calculation it used the correct formula, the formula was for levering up and the subject it used in levering down … but its simple printing error… correct it yourself … dont sweat on it … there are not much errors … also download the curriculum errata file from CFAI website it will eliminate any further surprises…. hahahah