I got the books from one of my friends who gave Level 1 a few years ago. His Schweser notes has MM approach under one of the readings on Cost of Capital. However I don’t find MM approach in the current LOS for Level 1. Is this no longer a part of the syllabus? Can somebody confirm please?
It definitely not in the 2011 Level I curriculum.
MM was a L2 topic in 2011
ok thank you guys…seems like I will have to stick the LOS.