CCM - Private Company Valuation doesnt, question, includes, noticed

meghanjackson

Anyone noticed inconsistencies in the calcs in the Capitalised cashflow method? Blue boxes in the readings of CFAI notes dont (1+g) the numerator when calculating value of equity and or firm. Then in questions at the back it includes future growth (1+g)...then the second to last question on Excess Earnings Method doesnt use it......winds me up some of these inconsistencies.....