Investment banking Workbook (Rosenbaum)
I have been working through the workbook, and I notice so many inconsistencies with the #'s its ridiculous! especially during chapter 3 (DCF)
Anyone have the same issue? or did I just buy a bs book.
I have been working through the workbook, and I notice so many inconsistencies with the #'s its ridiculous! especially during chapter 3 (DCF)
Anyone have the same issue? or did I just buy a bs book.
Career Resources
I heard similar complaints before about the book. Even if that is true, do you still find it to be a BS book? Do you find that it helpful in terms of practice/knowledge of the book? Id love to know.
I bought the book and complained about it to on here and Amazon simultaneously, and to my surprise Joshua D. Pearl replied (not sure if its actually him or his "peoples"). He doesnt believe me, states someone else sent him a email today, with similar problems and he redid the math, then came to a conclusion that the person was actually wrong not the book.
Makes me reconsider whether I am doing the math wrong but I doubt it. Sent him an email with a image of at least 3 simple errors on one page.
http://s17.postimg.org/id5unslrz/WP_20150125_001.jpg
c. states answer is 209.4 million from 4127.8 millions x 5.1% I am assuming 5.1% = .051 (I hope) so 4127.8* .051 = 210.5178. Not 209.4
f. 3931.3* 8% = 314.504 not 313.4
g. same things.
There are plenty more errors, that makes everything really confusing, especially when you are using previous answers as variables for the next question, and the next question (like problem d. 560 ... 217.8 are wrong.) Soon, #'s are just so far off. Even when you use the books' answers for future questions its still wrong. Its ridiculous.
Aside from that, I like the book, I am learning and the differences between my answers and the ones from the book, makes me think a little more. BUT It is very frustrating especially since I consider myself new to finance, and I want a definite answer to help me know I am doing things correctly not a stupid #$@#$@#$@#$@#$@#$@#$ number.
Short answer,
Great book, need the workbook to capitalize on the info. not sure about the cd since I dont have that.
Exercitationem numquam omnis eos fugiat adipisci vitae. Rem eveniet cum deleniti est. Enim vero inventore deleniti voluptas et voluptatibus corporis.
Non neque incidunt voluptas pariatur quos necessitatibus ea. In consectetur quod voluptatem cumque culpa. Sit optio impedit nam qui impedit et ducimus velit.
Sit voluptatibus illo voluptas architecto magnam. Voluptates velit qui aspernatur enim et voluptatem. Deleniti sunt quis perferendis saepe. Laboriosam hic eum error voluptatibus similique iste est. Qui quia perferendis voluptas repellat aut. Occaecati tenetur omnis cum qui facilis voluptas perspiciatis. Ut animi mollitia nam eligendi beatae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...