2009 CFA Exam Sample #4 WACC


Do we actually have to do this? I feel like this was Level 2? Is this from when this was on L3 or do I need to hit the books?

I think you missed an entire chapter in the institutional readings…

GOD! I remember now…it just feels very L2 no?

Yea, i felt this chapter didnt really fit in with the rest of the curriculum. Seemed very corporate finance, where as the rest of the curriculum is all about portfolio management. Its not a hard chapter, just gotta keep track of all the different betas. Once you get that, its simple weighted averages.