Implementation Shortfall: Inconsistency solutions CFA topic (Placid Lake Case Scenario) and CFA text book
Anyone already did the topic test Placid Lake Case Scenario?
I have found a big inconsistency in how the IS is calculated in this topic test and in the CFA text book (on page 24).
The big difference is in the decision price DP and benchmark price BP.
Study together. Pass together.
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