Is the asset beta still part of the curriculum? I had fun last year deleveraging and then releveraging beta. It sees that it’s stil in the reading (Reading 31) - but I don’t see any associate LOS Any idea? My understanding is that asset beta was mentionned in a specific LOS last year. Am I mistakening?
Yeah, I noticed that too. I haven’t seen it addressed in any LOS this year. Last year it was LOS 36.a: Calculate an unlevered beta using the pure-play method and use this unlevered beta to estimate a levered beta for a project or a company. I recall there was an exam question on this LOS as well.