Very helpful. It’s amazing that questions like these hinge on one detail, in this case the fact that the further out cash flows are that a project receives, the lower the IRR.
I see that you recommend we go through the notes twice. Is there any way to build this out in the spreadsheet? I have the TimePrep app and it’s telling me I will study for 400-500 hours if I go through the notes twice.
OK – and here I was thinking that a few days was enough! It’s not a matter of taking time off, the firm will give me the time, it’s just judging what will not burn me out before the exam.