Has Crossover Rate and NPV profile been removed from the CFA syllabus
As direct LOS yes but you find the ideas very useful for answer questions particularly NPV profilles
But where can we understand it in the curriculum
Coz there is no reading how are we supposed to understand it
pre read
It is a diagram NPV on the x-axis and disocunt rate on the y.
Make up project in excel - one cash outflow, a series of positve inflows.
Do to columns of d.rate and NPV of project
plot a graph.
Bob’s your uncle you have an pay off diagram.