When determing a discount rate, which would be best to use? The rate of borrowed funds? Or the rate of an alternative investment?
required rate for an investment with comparable risk
Thx Maratikus. havent talked to you in a minute? Wuts good?
things are going ok. Can’t wait to take Level II in June and start studying for the GMAT. I will start bugging you with questions then. How is your studying going?
Its going well. Almost done with the CFAI texts. Don’t remember all the details But feel I got the broad understanding I was looking for. More importantly for me, when on a chapter by itself I didn’t really have any problems understanding the material. Meaning I know I can handle the material. Now its just a matter of going through flashcards, weaknesses, problems (going into depth why I got one wrong or even right). Ya feel free to ask Q’s bout the GMAT, but knowing ur level, not sure how much help I can be :). Thx again man. O ya, ur def gunna nail L2