If you printed out the PDF of the answers for Mock Exam #2, and look at question 30, the answer shows that the calculated the interest rate as 1/2*30,000*0.085, whereas the question says they financed the cost using 40% debt, not 50% debt. Can anyone confirm this error? Regards Chris
You are Spot on! CFAI Mock Exam 2 did infact make a mistake!
I noticed that yesterday too
I can’t believe there are errors on this…any for mock 1?
thanks for the tip! im pumping mock 1 tonight and mock 2 tomorrow