This must be an error : the explaination got it that expected return is 12% but my eyes and the calculator see the formula in their answer = 14%
2+ 1,2.(12-10)=12, really?
This must be an error : the explaination got it that expected return is 12% but my eyes and the calculator see the formula in their answer = 14%
2+ 1,2.(12-10)=12, really?
This has been bought up countless times on previous posts…CFA appears to be aware as they have Q24 in the errata to accompany the CFA mocks on their website.