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Equity method of investment
I thought I got it, but the mock had to throw me a curve ball!
Cfa 2011 mock am #44
Why do they deduct the amortization from the equity ,method?
I got answer c but clearly, that's only half way there, you gotta take out other stuff too!
I thought it was original investment + proportional net income - proportional dividends
Any ideas? |
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