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Mock PM Examine - Corp Fin

Last question in the corp fin – asks what the correct accounting income should be when you factor in that the project is financed with 50% debt. Why is the answer calculating off of a $30mm investment and not $40mm??

look at the erata

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There’s no update on the site – says $30mm

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they don’t include wcinv

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That’s annoying!
(and I should have been saying $50mm not 40)

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