标题: Schweser Book 6, 3 AM - Alternative Asset Valuation Vignette [打印本页] 作者: Micholien 时间: 2013-4-17 17:32 标题: Schweser Book 6, 3 AM - Alternative Asset Valuation Vignette
What a mother of a question this was. I think I legitimately spent 30minutes on this one item set. I really hope there isn’t anything this involved come test day.
Anyone else feel the same? Or do I need a massive AA review (not sure if it would help… still got 6/6, just took me forever)?作者: Sunshine4ever 时间: 2013-4-17 17:32
I have two questions regarding this set:
1. it didn’t give you gross income, but the answer actually used NOI for calculation. is it normal to do this?
2. the debt service in the question only included interest payments, so it is deducted before tax; how about if principal service is involved? is it deducted from after tax cash flow?
I got 4/6 on this set … but 85% for the whole AM, I am still wondering how did I do that …作者: franzino 时间: 2013-4-17 17:32
1.for the NOI, use gross income for sure. The answer is wrong, I asked schweser support and they said using gross income
2. I believe you have to use pmt calculation to get the payment as the answer stated out. It was a while aog, can’t remember the details作者: ishfaque 时间: 2013-4-17 17:32
cheers folks. there are just TOO MANY little damn details …
