标题: CFA Method of VC Payoff [打印本页] 作者: mnieman 时间: 2013-4-1 12:32 标题: 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!作者: wilslm 时间: 2013-4-1 12:32
(1 Year 1 Percentage of Failure) * (1 Year 2 Percentage of Failure) * (1 Year x Percentage of Failure)/RRoR^x years Initial Cost of Project.
Both methods come out the same.作者: Andreas42 时间: 2013-4-1 12:32