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I’ve passed through this kind of question on several mocks (CFAI and Schweser) and that’s how its calculated. They multiply WACC by total assets. On 1 example, total assets = total fixed assets which is the only asset number given. They ask to calculate EP for year two where they’d deduct depreciation from fixed asset and multiply it by WACC.
Now if you think that their solution is retarded, then wait till you get to to the mock exams =) |
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发表于 2013-3-31 13:05
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