Is the printable answer at its website correct？ Answer:interest 1/2 x30,000x8.5%=1,275 If I remember correctly, in the question, it says 40% of the spending would be financed by debt. Should the interest be: 40%x30,000x8.5%？ Thanks!
which volume? volum 2? coz i couldn’t find Q30 in vol 1 exam 2 talking abt interest rate.
It’s online exam at CFA website. CFA offers the answers and I don’t know why it use 1/2 instead of 40%. anyone remebers?