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标题: Pension Quest from CFA book [打印本页]

作者: dotamasta    时间: 2013-4-11 06:01     标题: Pension Quest from CFA book

I dont understand how the ROE and debt-to-capital ratios are calcualted in example 3 on page 96 of CFA FSA book.
作者: joemoran    时间: 2013-4-11 06:09

Thanks CP. One question, do we always use average equity for ROE? and beg equity for debt to capital ratio. I dont see consistency in this approach when calculating ROE and other ratios where some time thye use beg values and somtimes avg?




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