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.
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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.
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